STRANGHOENER LAWRENCE W - 24 May 2022 Form 4 Insider Report for KENNAMETAL INC (KMT)

Role
Director
Signature
Michelle R. Keating
Issuer symbol
KMT
Transactions as of
24 May 2022
Net transactions value
+$23,125
Form type
4
Filing time
25 May 2022, 14:53:39 UTC
Previous filing
02 Mar 2022
Next filing
17 Aug 2022
SEC
View on sec.gov

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 Award $23,125 +886 +0.99% $26.09 90,189 24 May 2022 Common Stock 886 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 274.374 stock credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Stock Incentive Plan of 2002 and 411.732 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.