KENNAMETAL INC 4
4 · KENNAMETAL INC · Filed Jul 27, 2005
Insider Transaction Report
Form 4
HSU WILLIAM Y
Vice President
Transactions
- Award
Stock Option (right to buy)
2005-07-25+6,350→ 6,350 totalExercise: $50.60Exp: 2015-07-24→ Common Stock (6,350 underlying) - Award
Common Stock
2005-07-25+1,415→ 7,725.567 total - Award
Stock Credits
2005-07-25+6,244.442→ 6,244.442 total→ Common Stock (6,244.442 underlying)
Footnotes (4)
- [F1]Includes 46.414 shares acquired pursuant to tax-conditioned plans (exempt under Rule 16b-3(c)).
- [F2]1-for-1
- [F3]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 reason of death) to be an officer ("retirement"), unless the reporting person has elected to receive the common stock represented by the stock credits following retirement.
- [F4]Option is exercisable in four equal annual installments, commencing on the first anniversary of the grant date.