Franklin Cardenas - Aug 15, 2023 Form 4 Insider Report for KENNAMETAL INC (KMT)

Signature
Michelle R. Keating, as attorney-in-fact for Franklin Cardenas
Stock symbol
KMT
Transactions as of
Aug 15, 2023
Transactions value $
$425,222
Form type
4
Date filed
8/17/2023, 10:02 AM
Previous filing
Jul 26, 2023
Next filing
Dec 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMT Common Stock Options Exercise $287K +11K +26.11% $25.99 53.3K Aug 15, 2023 Direct
transaction KMT Common Stock Tax liability -$193K -7.41K -13.91% $25.99 45.9K Aug 15, 2023 Direct F1

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 -4.2K -100% $0.00* 0 Aug 15, 2023 Common Stock 4.2K Direct F2, F3
transaction KMT Restricted Stock Units Options Exercise $0 -2.8K -49.99% $0.00 2.8K Aug 15, 2023 Common Stock 2.8K Direct F2, F3
transaction KMT Restricted Stock Units Options Exercise $0 -4.05K -33.33% $0.00 8.09K Aug 15, 2023 Common Stock 4.05K Direct F2, F3
transaction KMT Restricted Stock Units Award $331K +12.7K $25.99 12.7K Aug 15, 2023 Common Stock 12.7K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 812.97 shares of common stock held in the Kennametal Inc. 401(k) Plan
F2 1 for 1
F3 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