KENNAMETAL INC — Director's Dealing 2015

May 11, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KENNAMETAL INC (KMT)
CIK: 0000055242
Period of Report: 2015-05-07

Reporting Person: WUNNING STEVEN H (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-07	Common Stock	M	18000	$25.3	Acquired	28662	Direct
2015-05-07	Common Stock	S	11917	$38.48	Disposed	16745	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-05-07	Non-qualified Stock Option	$25.3	M	11917	Disposed	2015-07-25	Common Stock (11917)	Direct

Footnotes

F1: This price is a weighted average price. The range of prices for the transactions is 38.47 to 38.49. Full information regarding the number of shares sold at each separate price will be provided upon request.

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