SEC Form 4 · accession 0001625608-16-000092
KENNAMETAL INC · KMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J Clemens
Officer — Vice-President
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 2:10 pm EST
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 Stock | Mar 1, 2016 | M | 629 | $20.87 | A | 6,346 | D | |
| Common StockF2 | Mar 1, 2016 | F | 231 | $20.87 | D | 6,115 | 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 | — | Mar 1, 2016 | A | 11,979 | A | Mar 1, 2019 | — | Common Stock | 11,979 | 11,979 | D |
| Restricted Stock UnitsF3,F4 | — | Mar 1, 2016 | M | 629 | D | Mar 1, 2016 | — | Common Stock | 629 | 629 | D |
Explanation of responses
- F1Restricted Stock Units are granted pursuant to the terms and conditions of the Kennametal Inc. Stock and Incentive Plan of 2010, as Amended and Restated on October 22, 2013,as further amended January 27, 2015, which shall cliff vest on the third anniversary date of the grant and are subject to continued employment with the company.
- F2Includes 1000 shares held in the Kennametal Inc. 401k Plan
- F31 - for - 1
- F4Restricted stock units are subject to time based vesting and dispersed in four equal annual installments, commencing on the first anniversary date of the grant date subject to continued employment with the company.