R. Carlonda Reilly - 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 $
$112,657
Form type
4
Date filed
8/17/2021, 05:01 PM
Previous filing
Jul 28, 2021
Next filing
Oct 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMT Common Stock Options Exercise $157K +4.28K +65.08% $36.72 10.9K Aug 16, 2021 Direct
transaction KMT Common Stock Tax liability -$44.6K -1.22K -11.18% $36.72 9.65K Aug 16, 2021 Direct
transaction KMT Common Stock Other $0 +3.82K +39.63% $0.00 13.5K 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 -1.89K -49.99% $0.00 1.89K Aug 16, 2021 Common Stock 1.89K Direct F3, F4
transaction KMT Restricted Stock Units Options Exercise $0 -2.39K -33.32% $0.00 4.78K Aug 16, 2021 Common Stock 2.39K Direct F3, F4
transaction KMT Restricted Stock Units Award $0 +3.73K $0.00 3.73K Aug 15, 2021 Common Stock 3.73K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 3,824 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 3,824 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 anniversary date of the grant date, subject to continued employment with the company.