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KENNAMETAL INC — Director's Dealing 2017
Sep 5, 2017
31867_dirs_2017-09-05_124a092e-4c8a-4670-a2be-6e534b4682d3.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: 2017-08-31
Reporting Person: MCLEVISH TIMOTHY R (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-08-31 | Stock Credits | $ | A | 678.571 | Acquired | Common Stock (678.571) | Direct |
Footnotes
F1: Each Stock Credit represents the right to receive one share of the Issuer's Common Stock.
F2: The Stock Credits become payable in Common Stock: (i) in the event of a change of control of the Issuer; 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 (78.976) of Stock Credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Stock Incentive Plan of 2002 and (54.888) of Stock Credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Directors Stock Incentive Plan, as amended. The Issuer 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.