Franklin Cardenas - 15 Aug 2022 Form 4 Insider Report for KENNAMETAL INC (KMT)

Role: Vice President
Signature: Michelle R. Keating
Issuer symbol: KMT
Transactions as of: 15 Aug 2022
Net transactions value: +$463,590
Form type: 4
Filing time: 17 Aug 2022, 15:36:03 UTC
Previous filing: 27 Jul 2022
Next filing: 03 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KMT	Common Stock	Options Exercise	$190,699	+6,993	+44%	$27.27	22,785	15 Aug 2022	Direct
transaction	KMT	Common Stock	Tax liability	$58,085	-2,130	-9.3%	$27.27	20,655	15 Aug 2022	Direct
transaction	KMT	Common Stock	Other	$0	+7,728	+37%	$0.000000	28,383	15 Aug 2022	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	-4,196	-50%	$0.000000	4,197	15 Aug 2022	Common Stock	4,196		Direct	F3, F4
transaction	KMT	Restricted Stock Units	Options Exercise	$0	-2,797	-33%	$0.000000	5,595	15 Aug 2022	Common Stock	2,797		Direct	F3, F4
transaction	KMT	Restricted Stock Units	Award	$330,976	+12,137		$27.27	12,137	15 Aug 2022	Common Stock	12,137		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents 7,728 performance stock units (PSUs) deemed to have been earned by the Compensation and Human Capital Committee of the Board of Directors on July 25, 2022, with respect to the 2020 and 2021 Performance Unit Awards granted to the reporting person on August 15, 2022 as follows: 4,637 PSUs granted under the Kennametal Inc. Stock and Incentive Plan of 2016, for the second tranche of the 2020 Performance Unit Award; and 3,091 PSUs granted under the Kennametal Inc. 2020 Stock and Incentive Plan for the first tranche of the 2021 Performance Unit Award.
F2	Includes 556.62 shares held in the Kennametal Inc. 401(k) Plan and 6,714 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 first anniversary date of the grant date, subject to continued employment with the company.