Patrick S. Watson - 15 Aug 2022 Form 4 Insider Report for KENNAMETAL INC (KMT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
17 Aug 2022, 17:33:33 UTC
Prior SEC filing
27 Jul 2022
Next SEC filing
02 Dec 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Michelle R. Keating

Key filing fact

Patrick S. Watson filed Form 4 for KENNAMETAL INC (KMT) on 17 Aug 2022.

Key facts

  • This page summarizes Patrick S. Watson's Form 4 filing for KENNAMETAL INC (KMT).
  • 7 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 17 Aug 2022, 17:33.

Change

  • Previous filing in this sequence was filed on 27 Jul 2022.
  • Current net transaction value: +$221,323.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

KMT transaction

Common Stock

Options Exercise

Transaction value
$78,374
Shares
+2,874
Change %
+16%
Price
$27.27
Shares after
20,435
Date
15 Aug 2022
Ownership
Direct
KMT transaction

Common Stock

Tax liability

Transaction value
$22,089
Shares
-810
Change %
-4%
Price
$27.27
Shares after
19,625
Date
15 Aug 2022
Ownership
Direct
KMT transaction

Common Stock

Other

Transaction value
$0
Shares
+2,263
Change %
+12%
Price
$0.000000
Shares after
21,888
Date
15 Aug 2022
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

KMT transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-826
Change %
-100%
Price
$0.000000*
Shares after
0
Date
15 Aug 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
826
Exercise price
Footnotes
F3, F4
KMT transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,391
Change %
-50%
Price
$0.000000
Shares after
1,391
Date
15 Aug 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,391
Exercise price
Footnotes
F3, F4
KMT transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-657
Change %
-33%
Price
$0.000000
Shares after
1,315
Date
15 Aug 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
657
Exercise price
Footnotes
F3, F4
KMT transaction Derivative

Restricted Stock Units

Award

Transaction value
$165,038
Shares
+6,052
Change %
Price
$27.27
Shares after
6,052
Date
15 Aug 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,052
Exercise price
Footnotes
F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Represents 2,263 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: 1,537 PSUs granted under the Kennametal Inc. Stock and Incentive Plan of 2016 for the second tranche of the 2020 Performance Unit Award; and 726 PSUs granted under the Kennametal Inc. 2020 Stock and Incentive Plan for the first tranche of the 2021 Performance Unit Award.

Footnote F2

Includes 335.56 shares held in the Kennametal Inc. 401(k) Plan and 2,226 performance unit shares not yet distributed.

Footnote F3

1 - for - 1

Footnote 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.

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