Franklin Cardenas - Dec 1, 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
Dec 1, 2023
Transactions value $
$84,018
Form type
4
Date filed
12/5/2023, 12:27 PM
Previous filing
Aug 17, 2023
Next filing
Jul 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMT Common Stock Options Exercise $121K +5K +10.79% $24.15 51.4K Dec 1, 2023 Direct F1, F4
transaction KMT Common Stock Tax liability -$36.8K -1.53K -2.97% $24.15 49.8K Dec 1, 2023 Direct F1, F4

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 -5K -100% $0.00* 0 Dec 1, 2023 Common Stock 5K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 874.59 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 full on the third anniversary of the grant date (December 1, 2023), subject to continued employment with the company.
F4 Includes 405.806 shares acquired through Kennametal Inc.'s dividend reinvestment plan, meeting the requirements of Rule 16a-11 of the Securities Exchange Act of 1934 as amended, since the reporting person's last Form 4 filing.