Judith L. Bacchus - Aug 15, 2021 Form 4 Insider Report for KENNAMETAL INC (KMT)

Role
Vice President
Signature
Michelle R. Keating
Stock symbol
KMT
Transactions as of
Aug 15, 2021
Transactions value $
$118,275
Form type
4
Date filed
8/17/2021, 03:34 PM
Previous filing
Aug 3, 2021
Next filing
Sep 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMT Common Stock Options Exercise $170K +4.63K +16.13% $36.72 33.4K Aug 16, 2021 Direct
transaction KMT Common Stock Tax liability -$51.8K -1.41K -4.23% $36.72 31.9K Aug 16, 2021 Direct
transaction KMT Common Stock Other $0 +4.07K +12.76% $0.00 36K 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 -2.09K -49.99% $0.00 2.09K Aug 16, 2021 Common Stock 2.09K Direct F3, F4
transaction KMT Restricted Stock Units Options Exercise $0 -2.55K -33.32% $0.00 5.09K Aug 16, 2021 Common Stock 2.55K Direct F3, F4
transaction KMT Restricted Stock Units Award $0 +4.67K $0.00 4.67K Aug 15, 2021 Common Stock 4.67K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 4,074 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 1,630.18 shares held in the Kennametal Inc. 401(k) Plan and 4,074 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, subject to continued employment with the company.