KENNAMETAL INC — Director's Dealing 2011

Nov 1, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KENNAMETAL INC (kmt)
CIK: 0000055242
Period of Report: 2011-10-31

Reporting Person: WEIHL PHIL H (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-10-31	Common Stock	M	4818	$20.49	Acquired	37712	Direct
2011-10-31	Common Stock	M	2046	$19.36	Acquired	39758	Direct
2011-10-31	Common Stock	M	6400	$25.3	Acquired	46158	Direct
2011-10-31	Common Stock	M	4881	$21.48	Acquired	51039	Direct
2011-10-31	Common Stock	S	1164	$39.01	Disposed	49875	Direct
2011-10-31	Common Stock	S	1192	$39.02	Disposed	48683	Direct
2011-10-31	Common Stock	S	400	$39.03	Disposed	48283	Direct
2011-10-31	Common Stock	S	850	$39.04	Disposed	47433	Direct
2011-10-31	Common Stock	S	500	$39.05	Disposed	46933	Direct
2011-10-31	Common Stock	S	100	$39.062	Disposed	46833	Direct
2011-10-31	Common Stock	S	388	$39.07	Disposed	46445	Direct
2011-10-31	Common Stock	S	100	$39.072	Disposed	46345	Direct
2011-10-31	Common Stock	S	100	$39.08	Disposed	46245	Direct
2011-10-31	Common Stock	S	200	$39.1	Disposed	46045	Direct
2011-10-31	Common Stock	S	3344	$39.12	Disposed	42701	Direct
2011-10-31	Common Stock	S	100	$39.35	Disposed	42601	Direct
2011-10-31	Common Stock	S	446	$39.356	Disposed	42155	Direct
2011-10-31	Common Stock	S	400	$39.33	Disposed	41755	Direct
2011-10-31	Common Stock	S	318	$39.331	Disposed	41437	Direct
2011-10-31	Common Stock	S	200	$39.333	Disposed	41237	Direct
2011-10-31	Common Stock	S	2400	$39.336	Disposed	38837	Direct
2011-10-31	Common Stock	S	129	$39.271	Disposed	38708	Direct
2011-10-31	Common Stock	S	3100	$39.272	Disposed	35608	Direct
2011-10-31	Common Stock	S	171	$39.281	Disposed	35437	Direct
2011-10-31	Common Stock	S	700	$39.29	Disposed	34737	Direct
2011-10-31	Common Stock	S	1700	$39.291	Disposed	33037	Direct
2011-10-31	Common Stock	S	600	$39.292	Disposed	32437	Direct
2011-10-31	Common Stock	S	100	$39.241	Disposed	32337	Direct
2011-10-31	Common Stock	S	300	$39.243	Disposed	32037	Direct
2011-10-31	Common Stock	S	1200	$39.246	Disposed	30837	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-10-31	Stock Options (right to buy)	$20.49	M	4818	Disposed	2014-07-27	Common Stock (4818)	Direct
2011-10-31	Stock Option (right to buy)	$19.36	M	2046	Disposed	2013-07-29	Common Stock (2046)	Direct
2011-10-31	Stock Options (right to buy)	$25.3	M	6400	Disposed	2015-07-25	Common Stock (6400)	Direct
2011-10-31	Stock Options (right to buy)	$21.48	M	4881	Disposed	2019-08-01	Common Stock (4881)	Direct

Footnotes

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