Patrick S. Watson - 29 Jul 2024 Form 4 Insider Report for KENNAMETAL INC (KMT)

Reporting relationship: Vice President and CFO
Issuer ticker: KMT
Reported as of: 29 Jul 2024
Net transaction value: $0
SEC form: 4
Accepted by SEC: 31 Jul 2024, 17:15:55 UTC
Prior SEC filing: 17 Aug 2023
Next SEC filing: 19 Aug 2024
Source filing: View source filing
Reporting owner signature: Michelle R. Keating, as attorney-in-fact

Key filing fact

Patrick S. Watson filed Form 4 for KENNAMETAL INC (KMT) on 31 Jul 2024.

Key facts

This page summarizes Patrick S. Watson's Form 4 filing for KENNAMETAL INC (KMT).
3 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 31 Jul 2024, 17:15.

Change

Previous filing in this sequence was filed on 17 Aug 2023.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

KMT transaction

Common Stock

Award

Transaction value: $0
Shares: +442
Change %: +1.5%
Price: $0.000000
Shares after: 29,757
Date: 29 Jul 2024
Ownership: Direct
Footnotes: F1, F4

KMT transaction

Common Stock

Award

Transaction value: $0
Shares: +1,357
Change %: +4.6%
Price: $0.000000
Shares after: 31,114
Date: 29 Jul 2024
Ownership: Direct
Footnotes: F2, F4

KMT transaction

Common Stock

Award

Transaction value: $0
Shares: +2,071
Change %: +6.7%
Price: $0.000000
Shares after: 33,185
Date: 29 Jul 2024
Ownership: Direct
Footnotes: F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Represents 442 performance stock units deemed to have been earned by the Compensation and Human Capital Committee ("the Committee") on July 29, 2024, with respect to the third tranche of the Performance Unit Award granted to the reporting person on August 15, 2021, under the Kennametal Inc. 2020 Stock and Incentive Plan (the "2021 Performance Unit Award".) On July 29, 2024, the Committee approved adjusted ROIC payout multiple at 67.3% for the third tranche of the 2021 Performance Unit Award; vesting and actual distribution of these shares remain subject to the reporting person's continued employment with the Company through August 15, 2024.

Footnote F2

Represents 1,357 performance stock units deemed to have been earned by the Compensation and Human Capital Committee ("the Committee") on July 29, 2024, with respect to the second tranche of the Performance Unit Award granted to the reporting person on August 15, 2022 (the "2022 Performance Unit Award"), under the Kennametal Inc. 2020 Stock and Incentive Plan. On July 29, 2024, the Committee approved adjusted ROIC payout multiple at 67.3% for the second tranche of the 2022 Performance Unit Award; vesting and actual distribution of these shares remain subject to the reporting person's continued employment with the Company through August 15, 2025.

Footnote F3

Represents 2,071 performance stock units deemed to have been earned by the Compensation and Human Capital Committee ("the Committee") on July 29, 2024, with respect to the first tranche of the Performance Unit Award granted to the reporting person on August 15, 2023 (the "2023 Performance Unit Award"), under the Kennametal Inc. 2020 Stock and Incentive Plan. On July 29, 2024, the Committee approved adjusted ROIC payout multiple at 67.3% for the first tranche of the 2023 Performance Unit Award; vesting and actual distribution of these shares remain subject to the reporting person's continued employment with the Company through August 15, 2026.

Footnote F4

Includes 354.01 shares held in the Kennametal Inc. 401(k) Plan.