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KENNAMETAL INC — Director's Dealing 2018
Mar 2, 2018
31867_dirs_2018-03-02_bef2c27a-aba8-48cf-85fd-43c0797730d7.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: 2018-02-28
Reporting Person: STRANGHOENER LAWRENCE W (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-28 | Stock Credits | $ | A | 546.117 | Acquired | Common Stock (546.117) | 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 (86.797) of stock credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Stock Incentive Plan of 2002 and (186.683) 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.