X0201 5 2003-12-31 0 0 0001001606 BLOUNT INTERNATIONAL INC BLT 0001241082 SAITO KENNETH O BLOUNT INTERNATIONAL, INC. 4909 SE INTERNATIONAL WAY PORTLAND OR 97222 0 1 0 0 President - Oregon Cutting Sys Common Stock 1999-08-19 5 J 0 13846 A 13846 D Common Stock 2003-12-31 5 J 0 404.01 A 404.01 I Blount International, Inc. 401(k) Plan Common Stock 2002-08-16 5 J 0 698 A 698 I Jointly Owned with wife, Beatrice Y. Saito. Common Stock 2002-08-16 5 J 0 3 A 3 I Jointly owned with wife, Beatrice Y. Saito. 1999 Stock Incentive Plan (Right to Buy) 15.00 1999-08-19 5 J 0 17500 15.00 A 2009-08-18 Common Stock 17500 17500 D 1999 Stock Incentive Plan (Right to Buy) 15.00 1999-08-19 5 J 0 17500 15.00 A 2009-08-18 Common Stock 17500 17500 D 2000 Stock Incentive Plan (Right to Buy) 5.00 2001-06-29 5 J 0 7000 5.00 A 2011-06-29 Common Stock 7000 7000 D 2000 Stock Incentive Plan (Right to Buy) 3.028 2002-02-14 5 J 0 18655 3.028 A 2012-02-19 Common Stock 18655 18655 D 2000 Stock Incentive Plan (Right to Buy) 3.866 2002-11-05 5 J 0 80000 3.866 A 2012-11-05 Common Stock 80000 80000 D 2000 Stock Incentive Plan (Right to Buy) 5.05 2003-11-05 5 J 0 45000 5.05 A 2013-11-05 Common Stock 45000 45000 D In connection with merger of Red Dog Acquisition Corp. into Blount International, Inc. on August 19, 1999, all outstanding stock options were cancelled and the spread between exercise price and $30 was paid in cash and stock to employee. Shares of Blount International, Inc. common stock allocated to the reporting person under 401(k) Plan as of December 31, 2003. The information reported herein is based on the Financial Summary of the participant's account as of December 31, 2003. The price at that date was $7.87. Original Form 3 filed when Kenneth O. Saito became President - Oregon Cutting Systems Group of Blount International, Inc. Kenneth O. Saito and his wife, Beatrice Y. Saito, jointly own shares of Blount International, Inc. Vests 20% per year beginning August 19, 2000. Vesting subject to meeting financial targets with up to 20% per year. Vesting also occurs 100% after six years. Vests 33.33% on each succeeding anniversary date of grant for new three years. Vests 100% on February 19, 2002. Richard H. Irving, III 2004-02-02