Form 4 for KMT KENNAMETAL INC
Accepted 2021-08-03 00:00:00 ET · period of report 2021-08-02 · accession 0001723211-21-000033 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-08-03 | 2021-08-02 | KMT | Watson Patrick S | VP | J - Other | $0.00 | -620 | 14.7K | -4% | $0 |
| D | 2021-08-03 | 2021-08-02 | KMT | Watson Patrick S | VP | F - Tax | $36.25 | -365 | 15.3K | -2% | -$13.2K |
| D | 2021-08-03 | 2021-08-02 | KMT | Watson Patrick S | VP | M - OptEx | $36.25 | +1,323 | 15.7K | +9% | +$48.0K |
| D | 2021-08-03 | 2021-08-02 | KMT | Watson Patrick S | VP | M - OptEx | $0.00 | -827 | 0 | -100% | $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 | 2021-08-02 | J | D | 620 | $0.00 | 14,665.44 | D | — | — | (F2) Represents 620 performance unit shares previously reported on Form 4 as deemed earned shares under Kennametal's 2018 Performance Unit Award that have met the performance requirements for distribution as common shares. Previously reported performance unit shares are subject to a relative TSR multiplier, calculated on July 26, 2021 as 80%, approved by the Compensation Committee of Kennametal's Board of Directors, and applied upon vesting. Distributed performance unit shares are separately reported on Form 4 as acquired common stock. (F3) Includes 327.44 shares held in the Kennametal Inc. 401(k) Plan. |
| 2 | Common | Common Stock | 2021-08-02 | F | D | 365 | $36.25 | 15,285.44 | D | — | — | |
| 3 | Common | Common Stock | 2021-08-02 | M | A | 1,323 | $36.25 | 15,650.44 | D | — | — | (F1) Includes 496 performance unit shares vested and distributed as common stock under Kennametal's 2018 Performance Unit Award. |
| 4 | Derivative | Restricted Stock Units | 2021-08-02 | M | D | 827 | $0.00 | 0 | D | — · 2021-08-01 to — | 827 Common Stock | (F4) 1 - for - 1 (F5) 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. |