Sec Form 4 Filing - Port Ronald L @ KENNAMETAL INC - 2019-07-29

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
Port Ronald L
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)
600 GRANT STREET, SUITE 5100
3. Date of Earliest Transaction (MM/DD/YY)
07/29/2019
(Street)
PITTSBURGH, PA15219
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 07/29/2019 J 1,541 ( 1 ) A $ 0 12,500 D
Common Stock 07/29/2019 J 990 ( 2 ) A $ 0 13,490 D
Common Stock 07/29/2019 J 4,503 ( 3 ) A $ 0 17,993 ( 4 ) D
Table II - 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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Port Ronald L
600 GRANT STREET
SUITE 5100
PITTSBURGH, PA15219
Vice President
Signatures
Michelle R. Keating 07/31/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents 1,541 shares deemed to have been earned by the Compensation Committee on July 29, 2019, with respect to the third 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"). The vesting and actual payout of these shares remains subject to the reporting person's continued employment with the Company through August 1, 2019.
( 2 )Represents 990 shares deemed to have been earned by the Compensation Committee on July 29, 2019, with respect to the second 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, 2020.
( 3 )Represents 4,503 shares deemed to have been earned by the Compensation Committee on July 29, 2019, with respect to the first tranche of the Performance Unit Award granted to the reporting person on August 1, 2018, under the Kennametal Inc. Stock and Incentive Plan of 2016 (the "2018 Performance Award".) The vesting and actual payout of these shares remains subject to the reporting person's continued employment with the Company through August 1, 2021.
( 4 )Includes a total of 10,702 shares of Performance Unit shares not yet distributed.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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