Stranghoener Lawrence W - Aug 24, 2021 Form 4 Insider Report for KENNAMETAL INC (KMT)

Role
Director
Signature
Michelle R. Keating
Stock symbol
KMT
Transactions as of
Aug 24, 2021
Transactions value $
$23,125
Form type
4
Date filed
8/25/2021, 03:16 PM
Previous filing
Aug 17, 2021
Next filing
Nov 24, 2021

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 Stock Credits Options Exercise $23.1K +630 +0.73% $36.69 86.5K Aug 24, 2021 Common Stock 630 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1 - for - 1
F2 The Stock Credits become payable in common stock (i) in the event of a change of control of the company, or (ii) on the date that the reporting person ceases (other than by death) to be a director ("retirement"), unless the reporting person has elected to receive the common stock represented by the stock credits following retirement.
F3 Includes 191.797 stock credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Stock Incentive Plan of 2002 and 277.133 stock credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Directors Stock Incentive Plan, as amended. The company maintains a separate dividend reinvestment plan available to its shareholders that satisfies the requirement of Rule 16a-11 of the Securities and Exchange Act of 1934, as amended.