Christopher Rossi - Aug 15, 2023 Form 4 Insider Report for KENNAMETAL INC (KMT)

Role
President and CEO, Director
Signature
Michelle R. Keating, as attorney-in-fact for Christopher Rossi
Stock symbol
KMT
Transactions as of
Aug 15, 2023
Transactions value $
$1,962,115
Form type
4
Date filed
8/17/2023, 10:53 AM
Previous filing
Jul 26, 2023
Next filing
Dec 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMT Common Stock Options Exercise $1.56M +60K +19.51% $25.99 368K Aug 15, 2023 Direct
transaction KMT Common Stock Tax liability -$1.4M -53.8K -14.63% $25.99 314K Aug 15, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KMT Restricted Stock Units Options Exercise $0 -21.8K -100% $0.00* 0 Aug 15, 2023 Common Stock 21.8K Direct F1, F2
transaction KMT Restricted Stock Units Options Exercise $0 -14.9K -50% $0.00 14.9K Aug 15, 2023 Common Stock 14.9K Direct F1, F2
transaction KMT Restricted Stock Units Options Exercise $0 -23.3K -33.33% $0.00 46.7K Aug 15, 2023 Common Stock 23.3K Direct F1, F2
transaction KMT Restricted Stock Units Award $1.8M +69.3K $25.99 69.3K Aug 15, 2023 Common Stock 69.3K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1 for 1
F2 Restricted stock units are subject to time-based vesting and are disbursed in three equal annual installments commencing on the first anniversary date of the grant date, subject to continued employment with the company