Michelle R. Keating - Jul 25, 2022 Form 4 Insider Report for KENNAMETAL INC (KMT)

Role
Vice President
Signature
Michelle R. Keating
Stock symbol
KMT
Transactions as of
Jul 25, 2022
Transactions value $
$0
Form type
4
Date filed
7/27/2022, 04:46 PM
Previous filing
Nov 12, 2021
Next filing
Aug 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMT Common Stock Other $0 +2.71K +16.86% $0.00 18.8K Jul 25, 2022 Direct F1
transaction KMT Common Stock Other $0 +1.57K +9.09% $0.00 18.8K Jul 25, 2022 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 2,714 performance stock units deemed to have been earned by the Compensation and Human Capital Committee ("the Committee") on July 25, 2022, with respect to the second tranche of the Performance Unit Award granted to the reporting person on August 15, 2020, under the Kennametal Inc. Stock and Incentive Plan of 2016 (the "2020 Performance Unit Award".) On July 25, 2022, the Committee approved adjusted ROIC payout multiple at 110.5% for the second tranche of the 2020 Performance Unit Award; vesting and actual distribution of these shares remain subject to determination of a TSR multiplier and the reporting person's continued employment with the Company through August 15, 2023
F2 Represents 1,567 performance stock units deemed to have been earned by the Compensation and Human Capital Committee ("the Committee") on July 25, 2022, with respect to the first tranche of the Performance Unit Award granted to the reporting person on August 15, 2021 (the "2021 Performance Unit Award"), under the Kennametal Inc. 2020 Stock and Incentive Plan. On July 25, 2022, the Committee approved adjusted ROIC payout multiple at 110.5% for the first tranche of the 2021 Performance Unit Award; vesting and actual distribution of these shares remain subject to the reporting person's continued employment with the Company through August 15, 2024.
F3 Includes 282.253 shares acquired through Kennametal Inc.'s dividend reinvestment plan, meeting the requirements of Rule 16a-11 of the Securities and Exchange Act of 1934 as amended, since the reporting person's last Form 4 filing.
F4 Includes 69.85 shares held in the Kennametal Inc. 401(k) Plan and 3,930 performance stock units not yet distributed.