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KENNAMETAL INC — Director's Dealing 2021
Nov 24, 2021
31867_dirs_2021-11-24_061b031a-3c10-4320-8688-d4407f9985e1.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: 2021-11-23
Reporting Person: STRANGHOENER LAWRENCE W (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-11-23 | Stock Credits | $ | M | 586.78 | Acquired | Common Stock (586.78) | 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 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 179.533 stock credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Stock Incentive Plan of 2002 and 262.614 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.