SEC Form 4 · accession 0001723211-17-000009
KENNAMETAL INC · KMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles Michael Byrnes Jr.
Officer — Vice President
Period of report
Dec 15, 2017
Accepted (ET)
Dec 18, 2017 · 3:11 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 StockF1 | Dec 15, 2017 | M | 5,563 | $46.78 | A | 20,435 | D | |
| Common StockF1 | Dec 15, 2017 | F | 2,675 | $46.78 | D | 17,760 | 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 UnitsF2,F3 | — | Dec 15, 2017 | M | 5,563 | D | Dec 15, 2017 | — | Common Stock | 5,563 | 5,563 | D |
Explanation of responses
- F1Includes 1900 shares held in the Kennametal Inc. 401(k) Plan.
- F21 - for - 1
- F3Restricted stock units are subject to time-based vesting and dispersed in three equal annual installments, commencing on the first anniversary date of the grant date (which was December 15, 2015) subject to continued employment with the company. This transaction represents the vesting of the second installment.