KENNAMETAL INC — Director's Dealing 2014

Aug 26, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KENNAMETAL INC (kmt)
CIK: 0000055242
Period of Report: 2014-08-25

Reporting Person: CARDOSO CARLOS M (President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-25	Common Stock	M	120401	$26.89	Acquired	296311	Direct
2014-08-25	Common Stock	S	120401	$44.713	Disposed	175910	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-08-25	Stock Options (NQ)	$26.89	M	120401	Disposed	2020-08-01	Common Stock (120401)	Direct

Footnotes

F1: This price is an average weighted price. The range of prices for the transactions is $44.630 - $44.855.Full information regarding the number of shares sold at each separate price will be provided upon request.

F2: Includes 1,302 shares held in the Kennametal Inc. 401K Plan.

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