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KENNAMETAL INC — Director's Dealing 2016
Feb 29, 2016
31867_dirs_2016-02-29_0be5a749-ba66-49c2-82ba-9ce64b8efa3d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: KENNAMETAL INC (KMT)
CIK: 0000055242
Period of Report: 2016-02-26
Reporting Person: MCLEVISH TIMOTHY R (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-26 | Stock Credits | $ | A | 1050.633 | Acquired | Common Stock (1050.633) | Direct |
Footnotes
F1: 1 - for - 1
F2: The Stock Credits become payable in Common Stock: (I) in the event of a change of control of the company; or (ii) on the date that the reporting person ceases (other than by reason of death) to be a director ("retirement"), unless the reporting person has elected to receive the common stock represented by the stock credits following retirement.
F3: Includes (55,344) of stock credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Stock Incentive Plan of 2002 and (62,692) of stock credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Directors Stock Incentive Plan, as amended. The company maintains a separate Dividend Reinvestment Plan available to its shareholders that satisfies the requirement of Rule 16a-11 of the Securities and Exchange Act of 1934, as amended.