Sec Form 4 Filing - van Gaalen Jan Kees @ KENNAMETAL INC - 2018-08-01

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
van Gaalen Jan Kees
2. Issuer Name and Ticker or Trading Symbol
KENNAMETAL INC [ KMT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Vice President
(Last) (First) (Middle)
10205 WESTHEIMER, SUITE 1000
3. Date of Earliest Transaction (MM/DD/YY)
08/01/2018
(Street)
HOUSTON, TX77042
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/01/2018 M 13,897 A $ 37.74 39,444 D
Common Stock 08/01/2018 F 3,960 D $ 37.74 35,484 D
Common Stock 08/01/2018 M 8,508 A $ 37.74 43,992 D
Common Stock 08/01/2018 F 2,422 D $ 37.74 41,570 D
Common Stock 08/01/2018 J 17,160 ( 1 ) A $ 0 58,730 D
Common Stock 08/01/2018 J 6,548 ( 2 ) D $ 0 52,182 D
Common Stock 08/01/2018 J 234.694 ( 3 ) A $ 0 52,416.694 ( 4 ) D
Table I I - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 5 ) 08/01/2018 M 13,897 08/01/2018 ( 6 ) Common Stock 13,897 $ 0 11,970 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
van Gaalen Jan Kees
10205 WESTHEIMER, SUITE 1000
HOUSTON, TX77042
Vice President
Signatures
Michelle R. Keating 08/02/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents 10,926 shares deemed to have been earned by the Compensation Committee on July 31, 2018, with respect to the second tranche of the Performance Unit Award granted to the reporting person on August 1, 2016 under the Amended and Restated Kennametal Inc. Stock and Incentive Plan of 2010 (the "2016 Performance Unit Award"); and 6,234 shares deemed to have been earned by the Compensation Committee on July 31, 2018, with respect to the first tranche of the Performance Unit Award granted to the reporting person on August 1, 2017 under the Kennametal Inc. Stock and Incentive Plan of 2016 (the "2017 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 1, 2019 with respect to the 2016 Performance Unit Award and August 1, 2020 with respect to the 2017 Performance Unit Award.
( 2 )Represents 6,548 performance unit shares previously reported on Form 4 as deemed earned shares under Kennametal's 2015 Performance Unit Awards that have met the performance requirements for distribution as common shares. Distributed performance unit shares are separately reported on Form 4 as acquired common stock.
( 3 )Represents 234.694 shares acquired as dividends earned through Kennametal Inc.'s dividend reinvestment plan.
( 4 )Includes 26,224 shares of Performance Unit shares not yet disbursed.
( 5 )1 - for - 1
( 6 )These restricted stock units are subject to time based vesting and are dispersed in three equal annual installments, commencing on the first anniversary of the grant date subject to continued employment with the company.

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