Clemens Robert J 4
4 · KENNAMETAL INC · Filed Aug 3, 2017
Insider Transaction Report
Form 4
Clemens Robert J
Vice Presidet
Transactions
- Tax Payment
Common Stock
2017-08-01$37.50/sh−1,013$37,988→ 10,299 total - Award
Common Stock
2017-08-01+6,847→ 17,146 total - Award
Restricted Stock Units
2017-08-01+4,697→ 4,697 total→ Common Stock (4,697 underlying) - Tax Payment
Common Stock
2017-08-01$37.50/sh−541$20,288→ 16,605 total - Exercise/Conversion
Common Stock
2017-08-01$37.50/sh+3,223$120,863→ 11,312 total - Exercise/Conversion
Restricted Stock Units
2017-08-01−3,223→ 3,223 totalFrom: 2017-08-01→ Common Stock (3,223 underlying)
Footnotes (4)
- [F1]1 - for - 1
- [F2]These restricted stock units are subject to time based vesting and are dispersed in three equal annual installments, commencing on the first anniversary of the grant date subject to continue employment with the company.
- [F3]Represents 1850 shares deemed to have been earned by the Compensation Committee on August 1, 2017 with respect to the second tranche of the Performance Unit Award granted to the reporting person on August 1, 2015 under the Amended and Restated Kennametal Inc. Stock and Incentive Plan of 2010 ("the 2015" Performance Unit Award") and 3280 shares deemed to have been earned by the Compensation Committee on August 1, 2017 with respect to the first tranche of the Performance Unit Award granted to the reporting person on August 1, 2016 under the Amended and Restated Kennametal Inc. Stock and Incentive plan of 2010 (the "2016 Performance Unit Award"). The vesting and actual payout of these shares remains subject to the reporting person's continued employment with the Company through August 1, 2018, with respect to the 2015 Performance Unit Award and August 1, 2019" with respect to the 2016 Performance Unit Award
- [F4]Includes 1066 shares held in the Kennametal Inc 401K Plan and 6847 of PSU shares not yet disbursed.