KENNAMETAL INC — Director's Dealing 2021

Aug 17, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KENNAMETAL INC (KMT)
CIK: 0000055242
Period of Report: 2021-08-15

Reporting Person: Keating Michelle R (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-08-16	Common Stock	M	4469	$36.72	Acquired	16076.405	Direct
2021-08-16	Common Stock	F	1272	$36.72	Disposed	14804.405	Direct
2021-08-15	Common Stock	J	3930	—	Acquired	18734.405	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-08-16	Restricted Stock Units	$	M	2013	Disposed		Common Stock (2013)	Direct
2021-08-16	Restricted Stock Units	$	M	2456	Disposed		Common Stock (2456)	Direct
2021-08-15	Restricted Stock Units	$	A	4257	Acquired		Common Stock (4257)	Direct

Footnotes

F1: Represents 3,930 shares deemed to have been earned by the Compensation Committee of the Board of Directors on July 26, 2021, with respect to the first tranche of the Performance Unit Award granted to the report person on August 15, 2021 under the Kennametal 2020 Stock and Incentive Plan (the "2020 Performance Unit Award".) The vesting and payout of these shares remains subject to the report person's continued employment with the Company through August 15, 2023.

F2: Includes 68.16 shares of common stock held in the Kennametal Inc. 401(k) Plan and 3,930 shares of Performance Unit shares not yet distributed.

F3: 1 - for - 1

F4: Restricted stock units are subject to time-based vesting and are disbursed in three equal annual installments commencing on the first anniversary date of the grant date, subject to continued employment with the company.