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: JACKO JOHN H (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-01	Common Stock	F	787	$42.13	Disposed	25405	Direct
2014-08-01	Common Stock	M	2225	$42.13	Acquired	27630	Direct
2014-08-01	Common Stock	F	1024	$42.13	Disposed	26606	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-08-01	Restricted Stock Awards	$	M	2225	Disposed		Common Stock (2225)	Direct
2014-08-01	Restricted Stock Awards	$	A	2136	Acquired		Common Stock (2136)	Direct
2014-08-01	Stock Options (right to buy)	$42.13	A	9615	Acquired	2024-07-31	Common Stock (9615)	Direct

Footnotes

F1: Includes 677 shares held in the Kennametal Inc. 401k Plan.

F2: 1 - for - 1.

F3: Restricted Stock Awards 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 fist anniversary of the grant date.