KENNAMETAL INC — Director's Dealing 2012

May 14, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KENNAMETAL INC (kmt)
CIK: 0000055242
Period of Report: 2012-05-11

Reporting Person: WEIHL PHIL H (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-11	Common Stock	M	420	$19.36	Acquired	14484.66	Direct
2012-05-11	Common Stock	M	1250	$20.49	Acquired	15734.66	Direct
2012-05-11	Common Stock	M	3600	$25.3	Acquired	19334.66	Direct
2012-05-11	Common Stock	M	4250	$27.06	Acquired	23584.66	Direct
2012-05-11	Common Stock	M	4180	$26.89	Acquired	27764.66	Direct
2012-05-11	Common Stock	S	12030	$39.267	Disposed	15734.66	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-05-11	Stock Option (right to buy)	$19.36	M	420	Disposed	2013-07-29	Common Stock (420)	Direct
2012-05-11	Stock Option (right to buy)	$20.49	M	1250	Disposed	2014-07-27	Common Stock (1250)	Direct
2012-05-11	Non-Qualified Stock Option (right to buy)	$25.3	M	3600	Disposed	2015-07-25	Common Stock (3600)	Direct
2012-05-11	Non-Qualified Stock Option (right to buy)	$27.06	M	4250	Disposed	2016-07-25	Common Stock (4250)	Direct
2012-05-11	Non-Qualified Stock Option (right to buy)	$26.89	M	4180	Disposed	2020-08-01	Common Stock (4180)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1148.44	Indirect

Footnotes

F1: This price is a weighted average price. The range of prices for the transactions is $39.24 to $39.32. Full information regarding number of shares sold at each separate price will be provided upon request.

F2: Includes 646.35 shares held under the Kennametal 401K Plan.

F3: Shares held in trusts for daughters. Mr. Weihl has voitng control of these shares.

F4: Option is exercisable in four equal annual installments, commencing on the first anniversary of the grant date.