Accession Number: | 0001723211-19-000040 |
Date: | 2019-08-01 |
Issuer: | KENNAMETAL INC (KMT) |
Original Submission Date: |
WATSON PATRICK S
SUITE 5100
600 GRANT STREET
PITTSBURGH, PA 15219
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2019-08-01 | M | 3,670 | a | $33.15 | 21,569 | direct | ||
COMMON STOCK | 2019-08-01 | F | 1,046 | d | $33.15 | 20,523 | direct | ||
COMMON STOCK | 2019-08-01 | M | 3,180 | a | $33.15 | 23,703 | direct | ||
COMMON STOCK | 2019-08-01 | F | 904 | d | $33.15 | 22,799 | direct | ||
COMMON STOCK | 2019-08-01 | J | 3,671 | d | $0.00 | 19,128 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
RESTRICTED STOCK UNITS | 0.0 | 2019-08-01 | deemed execution date | M | 1,330 (d) | 2019-08-01 | common stock 1,330 | $0.00 | 0 | direct | ||
RESTRICTED STOCK UNITS | 0.0 | 2019-08-01 | deemed execution date | M | 1,024 (d) | 2019-08-01 | common stock 1,024 | $0.00 | 1,024 | direct | ||
RESTRICTED STOCK UNITS | 0.0 | 2019-08-01 | deemed execution date | M | 826 (d) | 2019-08-01 | common stock 826 | $0.00 | 1,654 | direct |
ID | footnote |
---|---|
f1 | represents 3,671 performance unit shares previously reported on form 4 as deemed earned shares under kennametal's 2016 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 august 1, 2019 as 105.3%, and applied upon vesting. distributed performance unit shares are separately reported on form 4 as acquired common stock. |
f2 | includes 311.88 shares held in the kennametal inc. 401(k) plan and 2,286 performance unit shares not yet disbursed. |
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. |