KENNAMETAL INC — Director's Dealing 2014

Aug 28, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KENNAMETAL INC (kmt)
CIK: 0000055242
Period of Report: 2014-08-26

Reporting Person: NOWE KEVIN G (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-26	Common Stock	M	2718	$26.89	Acquired	31136	Direct
2014-08-26	Common Stock	S	300	$44.74	Disposed	30836	Direct
2014-08-26	Common Stock	S	2418	$44.77	Disposed	28418	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-08-26	Stock Options (NQ)	$26.89	M	2718	Disposed	2020-08-01	Common Stock (2718)	Direct

Footnotes

F1: Includes 130 shares held in the Kennametal Inc. 401K Plan

F2: Stock Options are exercisable in four equal annual installments following the first anniversary of the grant date.