Form 4 for KMT KENNAMETAL INC
Accepted 2021-07-28 00:00:00 ET · period of report 2021-07-26 · accession 0001723211-21-000019 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2021-07-28 | 2021-07-26 | KMT | Keating Michelle R | VP | J - Other | $0.00 | +5,555 | 11.6K | +92% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-07-26 | J | A | 1,625 | $0.00 | 11,615.41 | D | — | — | (F1) Represents 2,032 performance unit shares previously reported on Form 4 as deemed earned by the Compensation Committee of the Board of Directors of Kennametal Inc. (the Compensation Committee), under Kennametal's 2018 Performance Unit awards that have met the performance requirements for distribution as common shares. Previously reported deemed earned performance unit shares for 2018 Performance Unit awards are subject to a relative TSR multiplier, calculated as 80%, and approved by the Compensation Committee on July 26, 2021. The vesting and actual payout of these shares remains subject to the reporting person's continued employment with the Company through August 1, 2021. |
| 2 | Common | Common Stock | 2021-07-26 | J | A | 3,930 | $0.00 | 11,615.41 | D | — | — | (F2) Represents 3,930 shares deemed to have been earned by the Compensation Committee on July 26, 2021, with respect to the first 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".) The vesting and actual payout of these shares remains subject to the reporting person's continued employment with the Company through August 15, 2023. (F3) Includes 156.653 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. (F4) Includes 68.16 shares held in the Kennametal Inc. 401(k) Plan and 2,032 shares of Performance Unit shares not yet distributed. |