SEC Form 4 · accession 0001723211-18-000025
KENNAMETAL INC · KMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald M Defeo
Director
Period of report
Aug 1, 2018
Accepted (ET)
Aug 2, 2018 · 8:02 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 Stock | Aug 1, 2018 | M | 19,652 | $37.74 | A | 159,696 | D | |
| Common Stock | Aug 1, 2018 | F | 5,540 | $37.74 | D | 154,156 | D | |
| Common StockF1,F2 | Aug 1, 2018 | J | 41,625 | $0.00 | A | 195,781 | 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 UnitsF3,F4 | — | Aug 1, 2018 | M | 19,652 | D | Aug 1, 2018 | — | Common Stock | 19,652 | 19,231 | D |
Explanation of responses
- F1Represents 41,625 shares deemed to have been earned by the Compensation Committee on July 31, 2018, with respect to the second tranche of the Performance Unit Award granted to the reporting person on August 1, 2016 under the Amended and Restated Kennametal Inc. Stock and Incentive Plan of 2010 (the "2016 Performance Unit Award"). The vesting and actual payout of these shares remains subject to the reporting person's continued employment with the Company through August 1, 2019 with respect to the 2016 Performance Unit Award.
- F2Includes 76,154 shares of Performance Unit shares not yet distributed.
- F31 - for 1
- F4These restricted stock units are subject to time based vesting and are dispersed in three equal annual installments, commencing on the first anniversary of the grant date.