Patrick Watson - Aug 15, 2023 Form 4 Insider Report for KENNAMETAL INC (KMT)

Role
Vice President
Signature
Michelle R. Keating, as attorney-in-fact for Patrick S. Watson
Stock symbol
KMT
Transactions as of
Aug 15, 2023
Transactions value $
$278,561
Form type
4
Date filed
8/17/2023, 10:37 AM
Previous filing
Jul 26, 2023
Next filing
Jul 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMT Common Stock Options Exercise $106K +4.07K +14.61% $25.99 31.9K Aug 15, 2023 Direct F3
transaction KMT Common Stock Tax liability -$67.1K -2.58K -8.09% $25.99 29.3K Aug 15, 2023 Direct F3

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 -1.39K -100% $0.00* 0 Aug 15, 2023 Common Stock 1.39K Direct F1, F2
transaction KMT Restricted Stock Units Options Exercise $0 -657 -49.96% $0.00 658 Aug 15, 2023 Common Stock 657 Direct F1, F2
transaction KMT Restricted Stock Units Options Exercise $0 -2.02K -33.33% $0.00 4.04K Aug 15, 2023 Common Stock 2.02K Direct F1, F2
transaction KMT Restricted Stock Units Award $240K +9.23K $25.99 9.23K Aug 15, 2023 Common Stock 9.23K 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
F3 Includes 345.61 shares of common stock held in the Kennametal Inc. 401(k) Plan