KENNAMETAL INC — Director's Dealing 2018

Feb 5, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KENNAMETAL INC (KMT)
CIK: 0000055242
Period of Report: 2018-02-02

Reporting Person: DEFEO RONALD M (Director, Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-02	Common Stock	M	9782	$46.68	Acquired	142491	Direct
2018-02-02	Common Stock	F	2447	$46.68	Disposed	140044	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-02-02	Restricted Stock Units	$	M	9782	Disposed		Common Stock (9782)	Direct

Footnotes

F1: Includes 34,529 shares deemed to have been earned but not yet distributed, as the first tranche of Performance Unit Awards granted to the reporting person on August 1, 2016. The vesting and actual payout of these shares remains subject to the reporting person's continued employment with the Company through August 1, 2019.

F2: 1 - for - 1

F3: Restricted stock units are subject to time-based vesting and are disposed in three equal installments commencing on the first anniversary date of the grant date (which was February 4, 2016), subject to continued employment with the company. This transaction represents the vesting of the second installment.