KENNAMETAL INC — Director's Dealing 2011

Nov 9, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KENNAMETAL INC (kmt)
CIK: 0000055242
Period of Report: 2011-11-08

Reporting Person: CARDOSO CARLOS M (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-08	Common Stock	M	19520	$20.49	Acquired	190743.015	Direct
2011-11-08	Common Stock	M	46089	$21.48	Acquired	236832.015	Direct
2011-11-08	Common Stock	S	65609	$40.2	Disposed	171223.015	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-11-08	Stock Options (right to buy)	$20.49	M	19520	Disposed	2014-07-27	Common Stock (19520)	Direct
2011-11-08	Stock Options (right to buy)	$21.48	M	46089	Disposed	2019-08-01	Common Stock (46089)	Direct

Footnotes

F1: This price is a weighted average price. The range of prices for the transactions is $39.84 to $40.83. Full information regarding the number of shares sold at each separate price will be provided upon request.

F2: Includes 1,248.015 shares held under the Kennametal 401K Plan.

F3: Option is exercisable in four equal annual installments, commencing on the first anniversary of the grant date.