HELD A PETER 4
4 · KENNAMETAL INC · Filed May 26, 2004
Insider Transaction Report
Form 4
HELD A PETER
Director
Transactions
- Award
Stock Credits
2004-05-25$41.98/sh+102.894$4,320→ 3,875.639 total→ Common Stock (102.894 underlying)
Footnotes (3)
- [F1]The number of securities reported in Column 9 includes 1.0439 of stock credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Stock and Incentive Plan of 2002 and 14.1705 of 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 requirements of Rule 16a-11 of the Securities Exchange Act of 1934, as amended.
- [F2]1-for-1
- [F3]The stock credits become payable, in cash or common stock, at the election of the reporting person, in the event of any change in control of the company, or upon the reporting person's termination of service as a director.