KENNAMETAL INC 4
4 · KENNAMETAL INC · Filed Aug 5, 2013
Insider Transaction Report
Form 4
YOST LARRY D
Director
Transactions
- Award
Stock Options (right to buy)
2013-08-01+7,000→ 7,000 totalExercise: $45.24Exp: 2023-07-31→ Common Stock (7,000 underlying) - Award
Stock Credits
2013-08-01+885→ 885 total→ Common Stock (885 underlying)
Footnotes (3)
- [F1]1 - for - 1.
- [F2]The stock credits become payable in common stock (i) in the event of a change of the company, or (ii) on the date that the reporting person ceases (other than by reason of death) to be a director, ("retirement"), unless the reporting person has elected to receive the common stock represented by the stock credits following retirement; provided, however, that the stock credits will not become payable prior to the third anniversary of the date of issuance.
- [F3]Option is exercisable in three equal installments, commencing on the first anniversary of the grant date.