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KENNAMETAL INC — Director's Dealing 2011
Aug 4, 2011
31867_dirs_2011-08-03_2d54e5ec-0a02-454b-99a1-a886649557c8.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: 2011-08-01
Reporting Person: STRANGHOENER LAWRENCE W (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-08-01 | Stock Credits | $ | A | 1027 | Acquired | Common Stock (1027) | Direct | |
| 2011-08-01 | Stock Options (right to buy) | $38.95 | A | 7000 | Acquired | 2021-07-31 | Common Stock (7000) | Direct |
Footnotes
F1: 1-for-1.
F2: 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 retirment; provided, however, that the stock credits will not become payable prior to the third aniversary of the date of issuance.
F3: Option is exercisable in three equal installments, commencing on the fist anniversary date of the grant.