Form 4 for KMT KENNAMETAL INC
Accepted 2023-07-26 00:00:00 ET · period of report 2023-07-24 · accession 0001782435-23-000001 · 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 | 2023-07-26 | 2023-07-24 | KMT | Chowbey Sanjay | VP | A - Grant | $0.00 | +9,136 | 27.1K | +51% | $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 | 2023-07-24 | A | A | 3,733 | $0.00 | 21,652.70 | D | — | — | (F1) Represents 3,733 performance stock units deemed to have been earned by the Committee on July 24, 2023, with respect to the second 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 24, 2023, the Committee approved adjusted ROIC payout multiple at 125% for the second 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 171.70 shares of common stock held in the Kennametal Inc. 401(k) Plan |
| 2 | Common | Common Stock | 2023-07-24 | A | A | 5,403 | $0.00 | 27,055.70 | D | — | — | (F2) Represents 5,403 performance stock units deemed to have been earned by the Committee on July 24, 2023, with respect to the first tranche of the Performance Unit Award granted to the reporting person on August 15, 2022 (the "2022 Performance Unit Award"), under the Kennametal Inc. 2020 Stock and Incentive Plan. On July 24, 2023, the Committee approved adjusted ROIC payout multiple at 125% for the first tranche of the 2022 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, 2025 (F3) Includes 171.70 shares of common stock held in the Kennametal Inc. 401(k) Plan |