KENNAMETAL INC — Director's Dealing 2012

Feb 1, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KENNAMETAL INC (kmt)
CIK: 0000055242
Period of Report: 2012-01-31

Reporting Person: YOST LARRY D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-31	Common Stock	M	15000	$14.9	Acquired	15494	Direct
2012-01-31	Common Stock	S	15000	$43.9403	Disposed	494	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-31	Stock Options (right to buy)	$14.9	M	15000	Disposed	2012-07-23	Common Stock (15000)	Direct

Footnotes

F1: This price is a weighted average price. The range of prices for the transactions is $43.87 to $44.00. Full information regarding number of shares sold at each separate price will be provided upon request.

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