KENNAMETAL INC — Director's Dealing 2015

May 21, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KENNAMETAL INC (KMT)
CIK: 0000055242
Period of Report: 2015-05-20

Reporting Person: STRANGHOENER LAWRENCE W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-20	Common Stock	M	6160	$25.3	Acquired	22428	Direct
2015-05-20	Common Stock	S	6160	$37.104	Disposed	16268	Direct
2015-05-20	Common Stock	M	2840	$25.3	Acquired	19108	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-05-20	Non-qualified Stock Option	$25.3	M	6160	Disposed	2015-07-25	Common Stock (6160)	Direct
2015-05-20	Non-qualified Stock Option	$25.3	M	2840	Disposed	2015-07-25	Common Stock (2840)	Direct

Footnotes

F1: This price is a weighted average price. The range of prices for the trasaction is 37.05 to 37.140. Full information regarding the number of shares sold at each separate price will be provided upon request.

F2: Grant has a grated vesting schedule. Date Exercisable will vary for each vesting tranche.