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KENNAMETAL INC — Director's Dealing 2018
Aug 2, 2018
31867_dirs_2018-08-02_87862f26-134f-471e-b073-94156a1e24ee.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: 2018-08-01
Reporting Person: Watson Patrick S (Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-08-01 | Common Stock | M | 3753 | $37.74 | Acquired | 10582.431 | Direct |
| 2018-08-01 | Common Stock | F | 1014 | $37.74 | Disposed | 9568.431 | Direct |
| 2018-08-01 | Common Stock | J | 2099 | — | Acquired | 11667.431 | Direct |
| 2018-08-01 | Common Stock | J | 5.929 | — | Acquired | 11673.36 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-08-01 | Restricted Stock Units | $ | M | 3753 | Disposed | Common Stock (3753) | Direct |
Footnotes
F1: Represents 1,280 shares deemed to have been earned by the Compensation Committee on July 31, 2018, with respect to the second tranche of the Performance Unit Award granted to the reporting person on August 1, 2016 under the Amended and Restated Kennametal Inc. Stock and Incentive Plan of 2010 (the "2016 Performance Unit Award"); and 819 shares deemed to have been earned by the Compensation Committee on July 31, 2018, with respect to the first tranche of the Performance Unit Award granted to the reporting person on August 1, 2017 under the Kennametal Inc. Stock and Incentive Plan of 2016 (the "2017 Performance Unit Award"). The vesting and actual payout of these shares remains subject to the reporting person's continued employment with the Company through August 1, 2019 with respect to the 2016 Performance Unit Award and August 1, 2020 with respect to the 2017 Performance Unit Award.
F2: Represents 5.929 shares acquired through Kennametal Inc.'s 401(k) Plan.
F3: Includes 305.36 shares held in the Kennametal Inc. 401(k) Plan and 3,160 shares of Performance Unit shares not yet disbursed.
F4: 1 - for -1
F5: These restricted stock units are subject to time based vesting and are dispersed in three equal annual installments, commencing on the first anniversary of the grant date subject to continued employment with the company.