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: Bacchus Judith L (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-08-16	Common Stock	M	4633	$36.72	Acquired	33351.18	Direct
2021-08-16	Common Stock	F	1412	$36.72	Disposed	31939.18	Direct
2021-08-15	Common Stock	J	4074	—	Acquired	36013.18	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-08-16	Restricted Stock Units	$	M	2087	Disposed		Common Stock (2087)	Direct
2021-08-16	Restricted Stock Units	$	M	2546	Disposed		Common Stock (2546)	Direct
2021-08-15	Restricted Stock Units	$	A	4674	Acquired		Common Stock (4674)	Direct

Footnotes

F1: Represents 4,074 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 reporting 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 reporting person's continued employment with the Company through August 15, 2023.

F2: Includes 1,630.18 shares held in the Kennametal Inc. 401(k) Plan and 4,074 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.