SEC Form 4 · accession 0001382963-17-000146
KENNAMETAL INC · KMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jan Kees van Gaalen
Officer — Vice President
Period of report
Sep 1, 2017
Accepted (ET)
Sep 6, 2017 · 3:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000055242
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 1, 2017 | M | 2,425 | — | A | 24,734 | D | |
| Common Stock | Sep 1, 2017 | F | 763 | $35.54 | D | 23,971 | D | |
| Common StockF1 | Sep 1, 2017 | M | 2,299 | — | A | 26,270 | D | |
| Common StockF2 | Sep 1, 2017 | F | 723 | $35.54 | D | 25,547 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Sep 1, 2017 | M | 2,425 | D | — | — | Common Stock | 2,425 | 2,426 | D |
| Restricted Stock UnitsF1,F3 | — | Sep 1, 2017 | M | 2,299 | D | — | — | Common Stock | 2,299 | 2,299 | D |
Explanation of responses
- F1Each Restricted Stock Unit converts into common stock and represents the right to receive one share of the Issuer's common stock.
- F2Includes 15,612 PSU shares not yet disbursed.
- F3Restricted Stock Units are subject to time based vesting and are disbursed in three equal installments, commencing on the first anniversary date of the grant date subject to continued employment with the Issuer.