KENNAMETAL INC — Director's Dealing 2012

Feb 6, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KENNAMETAL INC (kmt)
CIK: 0000055242
Period of Report: 2012-02-03

Reporting Person: NOWE KEVIN G (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-03	Common Stock	M	4492	$27.06	Acquired	17934	Direct
2012-02-03	Common Stock	M	2717	$26.89	Acquired	20651	Direct
2012-02-03	Common Stock	M	3205	$21.48	Acquired	23856	Direct
2012-02-03	Common Stock	S	10414	$44.354	Disposed	13442	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-03	Stock Option (right to buy)	$27.06	M	4492	Disposed	2016-07-25	Common Stock (4492)	Direct
2012-02-03	Stock Option (right to buy)	$26.89	M	2717	Disposed	2020-08-01	Common Stock (2717)	Direct
2012-02-03	Stock Option (right to buy)	$21.48	M	3205	Disposed	2019-08-01	Common Stock (3205)	Direct

Footnotes

F1: This price is a weighted average price. The range of prices for the transactions is $44.330 to $44.400. Full information regarding the number of shares sold at each separate price will be provided upon request.

F2: Includes 125 shares held under the Kennametal 401K Plan.

F3: Option is exercisable in four equal annual installments, commencing on the first anniversary of the grant date.