Patrick S. Watson - 15 Aug 2021 Form 4 Insider Report for KENNAMETAL INC (KMT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
17 Aug 2021, 17:23:55 UTC
Prior SEC filing
03 Aug 2021
Next SEC filing
15 Nov 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Michelle R. Keating

Key filing fact

Patrick S. Watson filed Form 4 for KENNAMETAL INC (KMT) on 17 Aug 2021.

Key facts

  • This page summarizes Patrick S. Watson's Form 4 filing for KENNAMETAL INC (KMT).
  • 6 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 17 Aug 2021, 17:23.

Change

  • Previous filing in this sequence was filed on 03 Aug 2021.
  • Current net transaction value: +$58,238.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

KMT transaction

Common Stock

Options Exercise

Transaction value
$81,408
Shares
+2,217
Change %
+15%
Price
$36.72
Shares after
16,882
Date
16 Aug 2021
Ownership
Direct
KMT transaction

Common Stock

Tax liability

Transaction value
$23,170
Shares
-631
Change %
-3.7%
Price
$36.72
Shares after
16,251
Date
16 Aug 2021
Ownership
Direct
KMT transaction

Common Stock

Other

Transaction value
$0
Shares
+2,226
Change %
+14%
Price
$0.000000
Shares after
18,477
Date
15 Aug 2021
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

KMT transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-826
Change %
-50%
Price
$0.000000
Shares after
826
Date
16 Aug 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
826
Exercise price
Footnotes
F3, F4
KMT transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,391
Change %
-33%
Price
$0.000000
Shares after
2,782
Date
16 Aug 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,391
Exercise price
Footnotes
F3, F4
KMT transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+1,972
Change %
Price
$0.000000
Shares after
1,972
Date
15 Aug 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,972
Exercise price
Footnotes
F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Represents 2,226 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 Award".) The vesting and payout of these shares remains subject to the reporting person's continued employment with the Company through August 15, 2023.

Footnote F2

Includes 327.44 shares of common stock held in the Kennametal Inc. 401(k) Plan and 2,226 shares of Performance Unit shares not yet distributed.

Footnote F3

1 - for - 1

Footnote 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.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .