Sec Form 4 Filing - Port Ronald L @ KENNAMETAL INC - 2019-08-01

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
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)
08/01/2019
(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 08/01/2019 M 4,252 A $ 33.15 22,245 D
Common Stock 08/01/2019 F 1,211 D $ 33.15 21,034 D
Common Stock 08/01/2019 M 5,407 A $ 33.15 26,441 D
Common Stock 08/01/2019 F 1,538 D $ 33.15 24,903 D
Common Stock 08/01/2019 J 4,252 ( 1 ) D $ 0 20,651 ( 2 ) 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 Se curities
(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 ( 3 ) 08/01/2019 M 1,541 08/01/2019 ( 4 ) Common Stock 1,541 $ 0 0 D
Restricted Stock Units ( 3 ) 08/01/2019 M 1,197 08/01/2019 ( 4 ) Common Stock 1,197 $ 0 1,197 D
Restricted Stock Units ( 3 ) 08/01/2019 M 2,669 08/01/2019 ( 4 ) Common Stock 2,669 $ 0 5,338 D
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 08/02/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents 4,252 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.
( 2 )Includes 6,450 performance unit shares not yet disbursed.
( 3 )1 - for - 1
( 4 )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.

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