STRANGHOENER LAWRENCE W 4
4 · KENNAMETAL INC · Filed Mar 2, 2023
Insider Transaction Report
Form 4
STRANGHOENER LAWRENCE W
Director
Transactions
- Award
Stock Credits
2023-02-28$28.33/sh+816.273$23,125→ 100,371.165 total→ Common Stock (816.273 underlying)
Footnotes (3)
- [F1]1 - for - 1
- [F2]The stock credits become payable in common stock (i) in the event of a change of control of the company or (ii) on the date that the reporting person ceases (other than by death) to be a director ("retirement"), unless the reporting person has elected to receive the common stock represented by the stock credits following retirement.
- [F3]Includes 296.666 stock credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Stock Incentive Plan of 2002 and 406.952 stock credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Directors Stock Incentive Plan, as amended. The company maintains a separate dividend reinvestment plan available to its shareholders that satisfies the requirement of Rule 16a-11 of the Securities and Exchange Act of 1934, as amended.