KENNAMETAL INC — Director's Dealing 2011

Aug 4, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KENNAMETAL INC (kmt)
CIK: 0000055242
Period of Report: 2011-08-01

Reporting Person: MCLEVISH TIMOTHY R (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-08-01	Stock Credits	$38.95	A	1027	Acquired		Common Stock (1027)	Direct

Footnotes

F1: The stock credits become payable in common stock (i) in the event of a change in control of the company, or (ii) on the date that the reporting person ceases (other than by reason of death) to be a 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.

F2: The amendment is to correct the original filing of 8/3/2011 in which the total amount of deferred stock credits was reported as 23,149. The amended total amount of deferred stock credits beneficially owned after the 8/1/2011 transaction is 2,955.