Christopher Rossi - Aug 17, 2021 Form 4 Insider Report for KENNAMETAL INC (KMT)

Role
President and CEO, Director
Signature
Michelle R. Keating
Stock symbol
KMT
Transactions as of
Aug 17, 2021
Transactions value $
$796,016
Form type
4
Date filed
8/17/2021, 02:19 PM
Previous filing
Aug 3, 2021
Next filing
May 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMT Common Stock Options Exercise $1.46M +39.8K +35.43% $36.72 152K Aug 16, 2021 Direct
transaction KMT Common Stock Tax liability -$664K -18.1K -11.9% $36.72 134K Aug 16, 2021 Direct
transaction KMT Common Stock Other $0 +34.9K +26.03% $0.00 169K Aug 15, 2021 Direct F1, F2

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 -18K -50% $0.00 18K Aug 16, 2021 Common Stock 18 Direct F3, F4
transaction KMT Restricted Stock Units Options Exercise $0 -21.8K -33.33% $0.00 43.6K Aug 16, 2021 Common Stock 21.8K Direct F3, F4
transaction KMT Restricted Stock Units Award $0 +44.7K $0.00 44.7K Aug 15, 2021 Common Stock 44.7K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 34,861 shares deemed to have been earned by the Compensation Committee of the Board of Directors on July 26, 2021, with respect to the first tranche of the Performance Unit Award granted to the reporting person on August 15, 2021 under the Kennametal 2020 Stock and Incentive Plan (the "2020 Performance Unit Award".) The vesting and payout of these shares remains subject to the reporting person's continued employment with the Company through August 15, 2023.
F2 Includes 34,861 shares of Performance Unit shares not yet distributed.
F3 1 - for - 1
F4 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.