Damon J. Audia - Aug 2, 2021 Form 4 Insider Report for KENNAMETAL INC (KMT)

Signature
Michelle R. Keating
Stock symbol
KMT
Transactions as of
Aug 2, 2021
Transactions value $
$79,714
Form type
4
Date filed
8/3/2021, 02:58 PM
Previous filing
Jul 28, 2021
Next filing
Aug 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMT Common Stock Options Exercise $145K +3.99K +9.23% $36.25 47.2K Aug 2, 2021 Direct F1
transaction KMT Common Stock Tax liability -$64.9K -1.79K -3.79% $36.25 45.4K Aug 2, 2021 Direct
transaction KMT Common Stock Other $0 -4.99K -10.98% $0.00 40.4K Aug 2, 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 3,989 performance unit shares vested and distributed as common stock under Kennametal's 2018 Performance Unit Awards.
F2 Represents 4,986 performance unit shares previously reported on Form 4 as deemed earned shares under Kennametal's 2018 Performance Unit Awards that have met the performance requirements for distribution as common shares. Previously reported performance unit shares are subject to a relative TSR multiplier, calculated on July 26, 2021 as 80%, approved by the Compensation Committee of Kennametal's Board of Directors, and applied upon vesting. Distributed performance unit shares are separately reported on Form 4 as acquired common stock.