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KENNAMETAL INC — Director's Dealing 2007
Aug 1, 2007
31867_dirs_2007-08-01_edc4a0c7-5354-410a-9c58-25ae861197f4.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: 2007-08-01
Reporting Person: WUNNING STEVEN H (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2007-08-01 | Stock Credits | $ | A | 513 | Acquired | Common Stock (513) | Direct | |
| 2007-08-01 | Stock Option (right to buy) | $77.985 | A | 3500 | Acquired | 2017-07-31 | Common Stock (3500) | Direct |
Footnotes
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 reason of death) to be an director ("retirement"), unless the reporting person has elected to receive the common stock represented by the stock credits following retirement; provided, however, that the stock credits will not become payable prior to the third anniversary of the date of issuance.
F3: Option is exercisable in three equal annual installments, commencing on the first anniversary of the grant date.