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KENNAMETAL INC — Director's Dealing 2008
Nov 18, 2008
31867_dirs_2008-11-18_d2387d8a-cddf-4e95-8d3e-8a9dd07c523b.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: 2008-11-17
Reporting Person: STRANGHOENER LAWRENCE W (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2008-11-17 | Stock Credits | $ | A | 857.5581 | Acquired | Common Stock (857.5581) | 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.
F3: Includes 81.4931 of 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 requirements of Rule 16a-11 of the Securities Exchange Act of 1934, as amended.