KENNAMETAL INC — Director's Dealing 2012

Feb 23, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KENNAMETAL INC (kmt)
CIK: 0000055242
Period of Report: 2012-02-22

Reporting Person: Bacchus Judith L (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-22	Common Stock	M	734	$27.06	Acquired	4243.946	Direct
2012-02-22	Common Stock	S	734	$45.864	Disposed	3509.946	Direct
2012-02-22	Common Stock	M	576	$38.99	Acquired	4085.946	Direct
2012-02-22	Common Stock	D	576	$45.87	Disposed	3509.946	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-22	Stock Options (right to buy)	$27.06	M	734	Disposed	2016-07-25	Common Stock (734)	Direct
2012-02-22	Stock Option (right to buy)	$38.99	M	576	Disposed	2017-08-01	Common Stock (576)	Direct

Footnotes

F1: Includes 830.9363 shares held within the Kennametal 401K Plan.

F2: Option is exercisable in four equal annual installments, commencing on the first anniversary of the grant date.