STRANGHOENER LAWRENCE W - 23 Aug 2022 Form 4 Insider Report for KENNAMETAL INC (KMT)

Role
Director
Signature
Michelle R. Keating
Issuer symbol
KMT
Transactions as of
23 Aug 2022
Net transactions value
+$23,125
Form type
4
Filing time
24 Aug 2022, 14:40:07 UTC
Previous filing
17 Aug 2022
Next filing
23 Nov 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 +904 +0.94% $25.57 97,146 23 Aug 2022 Common Stock 904 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 323.69 stock credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Stock Incentive Plan of 2002 and 430.257 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.