4//SEC Filing
Cardenas Franklin 4
Accession 0001062993-24-014255
CIK 0000055242other
Filed
Jul 30, 8:00 PM ET
Accepted
Jul 31, 5:35 PM ET
Size
10.1 KB
Accession
0001062993-24-014255
Insider Transaction Report
Form 4
Cardenas Franklin
Vice President
Transactions
- Award
Common Stock
2024-07-29+2,722→ 54,897.634 total - Award
Common Stock
2024-07-29+2,856→ 57,753.634 total - Award
Common Stock
2024-07-29+1,882→ 52,175.634 total
Footnotes (5)
- [F1]Represents 1,882 performance stock units deemed to have been earned by the Compensation and Human Capital Committee ("the Committee") on July 29, 2024, with respect to the third tranche of the Performance Unit Award granted to the reporting person on August 15, 2021, under the Kennametal Inc. 2020 Stock and Incentive Plan (the "2021 Performance Unit Award".) On July 29, 2024, the Committee approved adjusted ROIC payout multiple at 67.3% for the third tranche of the 2021 Performance Unit Award; vesting and actual distribution of these shares remain subject to the reporting person's continued employment with the Company through August 15, 2024.
- [F2]Represents 2,711 performance stock units deemed to have been earned by the Compensation and Human Capital Committee ("the Committee") on July 29, 2024, with respect to the second tranche of the Performance Unit Award granted to the reporting person on August 15, 2022 (the "2022 Performance Unit Award"), under the Kennametal Inc. 2020 Stock and Incentive Plan. On July 29, 2024, the Committee approved adjusted ROIC payout multiple at 67.3% for the second tranche of the 2022 Performance Unit Award; vesting and actual distribution of these shares remain subject to the reporting person's continued employment with the Company through August 15, 2025.
- [F3]Represents 2,856 performance stock units deemed to have been earned by the Compensation and Human Capital Committee ("the Committee") on July 29, 2024, with respect to the first tranche of the Performance Unit Award granted to the reporting person on August 15, 2023 (the "2023 Performance Unit Award"), under the Kennametal Inc. 2020 Stock and Incentive Plan. On July 29, 2024, the Committee approved adjusted ROIC payout multiple at 67.3% for the first tranche of the 2023 Performance Unit Award; vesting and actual distribution of these shares remain subject to the reporting person's continued employment with the Company through August 15, 2026.
- [F4]Includes 1,018.33 shares of common stock held in the Kennametal Inc. 401(k) Plan.
- [F5]Includes 305.974 shares acquired through Kennametal Inc.'s dividend reinvestment plan, meeting the requirements of Rule 16a-11 of the Securities and Exchange Act of 1934 as amended, since the reporting person's last Form 4 filing.
Issuer
KENNAMETAL INC
CIK 0000055242
Entity typeother
Related Parties
1- filerCIK 0001803214
Filing Metadata
- Form type
- 4
- Filed
- Jul 30, 8:00 PM ET
- Accepted
- Jul 31, 5:35 PM ET
- Size
- 10.1 KB