Form 4 for KMT KENNAMETAL INC
Accepted 2022-07-27 00:00:00 ET · period of report 2022-07-25 · accession 0001723211-22-000013 · 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 | 2022-07-27 | 2022-07-25 | KMT | Rossi Christopher | Pres, CEO, Dir | J - Other | $0.00 | +40.5K | 172.0K | +31% | $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 | 2022-07-25 | J | A | 24,076 | $0.00 | 172,010.83 | D | — | — | (F1) Represents 24,076 performance stock units deemed to have been earned by the Compensation and Human Capital Committee ("the Committee") on July 25, 2022, with respect to the second 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".) On July 25, 2022, the Committee approved adjusted ROIC payout multiple at 110.5% for the second tranche of the 2020 Performance Unit Award; vesting and actual distribution of these shares remain subject to determination of a TSR multiplier and the reporting person's continued employment with the Company through August 15, 2023. |
| 2 | Common | Common Stock | 2022-07-25 | J | A | 16,449 | $0.00 | 172,010.83 | D | — | — | (F2) Represents 16,449 performance stock units deemed to have been earned by the Compensation and Human Capital Committee ("the Committee") on July 25, 2022, with respect to the first tranche of the Performance Unit Award granted to the reporting person on August 15, 2021 (the "2021 Performance Unit Award"), under the Kennametal Inc. 2020 Stock and Incentive Plan. On July 25, 2022, the Committee approved adjusted ROIC payout multiple at 110.5% for the first tranche of the 2021 Performance Unit Award; vesting and actual distribution of these shares remain subject to the reporting person's continued employment with the Company through August 15, 2024. (F3) Includes 3,235.099 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 34,861 performance stock units not yet distributed. |