4//SEC Filing
Rossi Christopher 4
Accession 0001332652-23-000001
CIK 0000055242other
Filed
Jul 25, 8:00 PM ET
Accepted
Jul 26, 5:56 PM ET
Size
10.1 KB
Accession
0001332652-23-000001
Insider Transaction Report
Form 4
Rossi Christopher
President and CEO
Transactions
- Award
Common Stock
2023-07-24+18,607→ 278,528.701 total - Award
Common Stock
2023-07-24+29,176→ 307,704.701 total - Award
Common Stock
2023-07-24+100,001→ 259,921.701 total
Footnotes (4)
- [F1]Represents 10,001 performance stock units deemed to have been earned by the Compensation and Human Capital Committee ("the Committee") on July 24, 2023, with respect to the third tranche of the Performance Unit Award granted to the reporting person on August 15, 2020, under the Kennametal Inc. Stock and Incentive Plan of 2016 (the "2020 Performance Unit Award".) On July 24, 2023, the Committee approved adjusted ROIC payout multiple at 125% for the third tranche of the 2020 Performance Unit Award, with the award adjusted by an 80% TSR modifier. Vesting and actual distribution of these shares remain subject to the reporting person's continued employment with the Company through August 15, 2023
- [F2]Represents 18,607 performance stock units deemed to have been earned by the Committee on July 24, 2023, with respect to the second tranche of the Performance Unit Award granted to the reporting person on August 15, 2021 (the "2021 Performance Unit Award"), under the Kennametal Inc. 2020 Stock and Incentive Plan. On July 24, 2023, the Committee approved adjusted ROIC payout multiple at 125% for the second 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
- [F3]Represents 29,176 performance stock units deemed to have been earned by the Committee on July 24, 2023, with respect to the first 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 24, 2023, the Committee approved adjusted ROIC payout multiple at 125% for the first 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
- [F4]Includes 4,893.872 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
Documents
Issuer
KENNAMETAL INC
CIK 0000055242
Entity typeother
Related Parties
1- filerCIK 0001332652
Filing Metadata
- Form type
- 4
- Filed
- Jul 25, 8:00 PM ET
- Accepted
- Jul 26, 5:56 PM ET
- Size
- 10.1 KB