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KENNAMETAL INC Director's Dealing 2008

Nov 3, 2008

31867_dirs_2008-11-03_7ac019c9-dbd8-44b9-a717-3bb387b05e26.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: 2008-11-01

Reporting Person: TUCKER JOHN R (Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-11-01 Common Stock A 4600 Acquired 4600 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-11-01 Stock Option (right to buy) $21.06 A 20700 Acquired 2018-11-01 Common Stock (20700) Direct
2008-11-01 Stock Units $ A 15649 Acquired 2011-09-30 Common Stock (15649) Direct

Footnotes

F1: Option is exercisable in four equal annual installments, commencing on the first anniversary of the grant date.

F2: Each stock unit represents a contingent right to receive one share of Kennametal common stock.

F3: Satisfaction of performance conditions will be determined as of September 30, 2011. Earned shares, if any, will be delivered to the reporting person on a date determined by the Compensation Committee of the Board of Directors, but in no event later than March 15th of the following calendar year in which the performance conditions have been satisfied pursuant to the terms of the program.