Dragich Peter A 4

4 · KENNAMETAL INC · Filed Aug 3, 2020

Form 4

Period: 2020-07-31

Vice President

Transactions

Exercise/Conversion
Restricted Stock Units
2020-07-31−3,662→ 3,662 total
From: 2020-08-01→ Common Stock (3,662 underlying)
Tax Payment
Common Stock
2020-07-31$26.96/sh−4,518$121,805→ 70,738 total
Other
Common Stock
2020-07-31−20,470→ 50,268 total
Exercise/Conversion
Restricted Stock Units
2020-07-31−3,106→ 0 total
From: 2020-08-01→ Common Stock (3,106 underlying)
Exercise/Conversion
Common Stock
2020-07-31$26.96/sh+15,866$427,747→ 75,256 total

Footnotes (4)

[F1]Represents 20,470 performance unit shares previously reported on Form 4 as deemed earned (11,372 shares) and granted (9,098 shares) under Kennametal's 2017 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 7/27/2020 as 80%, and applied upon vesting. Distributed performance unit shares are separately reported on Form 4 as acquired common stock.
[F2]Includes 6,180 performance unit shares not yet distributed.
[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 date of the grant date and subject to continued employment with the company.

Documents

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