KENNAMETAL INC — Director's Dealing 2019

Jul 31, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KENNAMETAL INC (KMT)
CIK: 0000055242
Period of Report: 2019-07-29

Reporting Person: Port Ronald L (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-07-29	Common Stock	J	1541	—	Acquired	12500	Direct
2019-07-29	Common Stock	J	990	—	Acquired	13490	Direct
2019-07-29	Common Stock	J	4503	—	Acquired	17993	Direct

Footnotes

F1: Represents 1,541 shares deemed to have been earned by the Compensation Committee on July 29, 2019, with respect to the third 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"). 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: Represents 990 shares deemed to have been earned by the Compensation Committee on July 29, 2019, with respect to the second 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, 2020.

F3: Represents 4,503 shares deemed to have been earned by the Compensation Committee on July 29, 2019, with respect to the first tranche of the Performance Unit Award granted to the reporting person on August 1, 2018, under the Kennametal Inc. Stock and Incentive Plan of 2016 (the "2018 Performance Award".) The vesting and actual payout of these shares remains subject to the reporting person's continued employment with the Company through August 1, 2021.

F4: Includes a total of 10,702 shares of Performance Unit shares not yet distributed.