Sanjay K. Chowbey - 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
+$415,240
Form type
4
Filing time
17 Aug 2022, 15:59:24 UTC
Previous filing
03 Aug 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 $81,428 +2,986 +34% $27.27 11,773 15 Aug 2022 Direct
transaction KMT Common Stock Tax liability $19,825 -727 -6.2% $27.27 11,046 15 Aug 2022 Direct
transaction KMT Common Stock Other $0 +3,300 +30% $0.000000 14,346 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 -2,986 -33% $0.000000 5,974 15 Aug 2022 Common Stock 2,986 Direct F3, F4
transaction KMT Restricted Stock Units Award $353,637 +12,968 $27.27 12,968 15 Aug 2022 Common Stock 12,968 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 3,300 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 first tranche of the 2021 Performance Unit Award granted to the reporting person on August 15, 2022, under the Kennametal Inc. 2020 Stock and Incentive Plan (the "2021 Performance Unit Award").
F2 Includes 102.71 shares held in the Kennametal Inc. 401(k) Plan.
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.