KENNAMETAL INC — Director's Dealing 2014

Aug 5, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KENNAMETAL INC (kmt)
CIK: 0000055242
Period of Report: 2014-08-01

Reporting Person: SIMPKINS FRANK P (Vice President and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-01	Common Stock	F	1482	$42.13	Disposed	89088	Direct
2014-08-01	Common Stock	M	4570	$42.13	Acquired	93658	Direct
2014-08-01	Common Stock	F	2104	$42.13	Disposed	91554	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-08-01	Restricted Stock Units	$	M	4570	Disposed		Common Stock (4570)	Direct
2014-08-01	Restricted Stock Units	$	M	4154	Acquired		Common Stock (4154)	Direct
2014-08-01	Stock Options (right to buy)	$42.13	M	18697	Acquired	2024-07-31	Common Stock (18697)	Direct

Footnotes

F1: Includes 2,148 shares held in the Kennametal Inc. 401k Plan.

F2: 1 - for - 1.

F3: Restricted Stock Units are subject to time based vesting and are dispersed in four equal annual installments, commencing on the first anniversary date of the grant date subject to continued employment with the company.

F4: Options are exercisable in four equal annual installments, commencing on the first anniversary of the grant date.