X0202 4 2006-02-21 0001001606 BLOUNT INTERNATIONAL INC BLT 0001241080 JENNESS CALVIN E 4909 SE INTERNATIONAL WAY PORTLAND OR 97222 0 1 0 0 Sr. Vice President & CFO Stock Appreciation Right 16.76 2006-02-21 4 J 0 40000 16.76 A 2016-02-21 Common Stock 40000 40000 D The Stock Appreciation Rights were granted as of February 21, 2006 in accordance with the Blount International, Inc. 1999 Stock Incentive Plan, as amended on February 15, 2006 by Blount's Board of Directors. The SARs awarded vest in three equal annual installments, the first installment of which vests one year after the date of grant and the second and third installments vest thereafter on the second and third annual anniversary of the date of grant respectively. Vests 33.33% on each succeeding anniversary date of SAR grant for three years beginning February 21, 2007. Richard H. Irving, III 2006-02-22