Dragich Peter A 4

4 · KENNAMETAL INC · Filed Aug 2, 2019

Form 4

Period: 2019-08-01

Vice President

Transactions

Tax Payment
Common Stock
2019-08-01$33.15/sh−4,060$134,589→ 66,000 total
Tax Payment
Common Stock
2019-08-01$33.15/sh−6,943$230,160→ 59,365 total
Exercise/Conversion
Common Stock
2019-08-01$33.15/sh+10,695$354,539→ 70,060 total
Other
Common Stock
2019-08-01−24,378→ 41,622 total
Exercise/Conversion
Common Stock
2019-08-01$33.15/sh+24,378$808,131→ 66,308 total
Exercise/Conversion
Restricted Stock Units
2019-08-01−3,927→ 0 total
From: 2019-08-01→ Common Stock (3,927 underlying)
Exercise/Conversion
Restricted Stock Units
2019-08-01−3,106→ 3,106 total
From: 2019-08-01→ Common Stock (3,106 underlying)
Exercise/Conversion
Restricted Stock Units
2019-08-01−3,662→ 7,324 total
From: 2019-08-01→ Common Stock (3,662 underlying)

Footnotes (4)

[F1]Represents 24,378 performance unit shares previously reported on Form 4 as deemed earned shares under Kennametal's 2016 Performance Unit Awards that have met the performance requirements for distribution as common shares. Previously reported deemed earned shares are subject to a relative TSR multiplier, calculated on August 1, 2019 as 105.3%, and applied upon vesting. Distributed performance unit shares are separately reported on Form 4 as acquired common stock.
[F2]Includes 17,552 shares of performance unit shares not yet disbursed.
[F3]1 - for - 1
[F4]Restricted Stock Units are subject to time-based vesting and are disbursed in three equal annual installments, commencing on the first anniversary of the grant date and subject to continued employment with the company.

Documents

1 file