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KENNAMETAL INC — Director's Dealing 2003
Aug 1, 2003
31867_dirs_2003-07-31_96441441-0f92-47d4-b639-1e32cae73d61.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: KENNAMETAL INC (kmt)
CIK: 0000055242
Period of Report: 2003-07-29
Reporting Person: ARNOLD DAVID B (Vice President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2002-07-23 | Employee Stock Option (right to buy) | $29.805 | A | 10000 | Acquired | 2012-07-22 | Common Stock (10000) | Direct |
| 2003-07-29 | Stock Credits | $0 | A | 937.2578 | Acquired | 2003-08-01 | Common Stock (937.2578) | Direct |
Footnotes
F1: Option is exercisable in three equal annual installments, commencing with the first anniversary of the grant date.
F2: This amount includes 338.3017 of stock credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Performance Stock Plan of 1995, the terms of which are substantially similar to the Dividend Reinvestment Plan available to Kennametal's shareholders (exempt pursuant to Rule 16a-11 of the Securities Exchange Act of 1934).
F3: The reporting person received the reported stock credits in lieu of a cash bonus otherwise payable to the reporting person pursuant to the Kennametal Inc. Performance Bonus Stock Plan of 1995.