X0303 5/A 2010-07-01 2010-06-30 0 0 0001001606 BLOUNT INTERNATIONAL INC BLT 0001241079 OSTERMAN JAMES S BLOUNT INTERNATIONAL, INC. 4909 SE INTERNATIONAL WAY PORTLAND OR 97222 1 1 0 1 Former Chair. and CEO-Retired Retired Common Stock 1999-08-19 5 J 0 1176 A 1176 D Common Stock 1999-08-19 5 J 0 42624 A 43800 D Common Stock 2004-09-17 5 P 0 100 11.85 A 43900 D Common Stock 2004-09-17 5 P 0 2000 11.87 A 45900 D Common Stock 2004-09-17 5 P 0 7900 11.90 A 53800 D Common Stock 2005-02-02 5 G 0 5000 D 48800 D Common Stock 2010-03-18 5 S 0 41500 10.572 D 7300 D Common Stock 2010-03-19 5 S 0 7300 10.64 D 0 D 1999 Stock Incentive Plan (Right to Buy) 15.00 1999-08-19 5 J 0 60000 15.00 A 2009-08-18 Common Stock 60000 0 D 1999 Stock Incentive Plan (Right to Buy) 15.00 1999-08-19 5 J 0 60000 15.00 A 2009-08-18 Common Stock 60000 0 D 2000 Stock Incentive Plan (Right to Buy) 5.00 2001-06-29 5 J 0 150000 5.00 A 2011-06-29 Common Stock 150000 150000 D 2000 Stock Incentive Plan (Right to Buy) 2.85 2002-03-15 5 J 0 150000 2.85 A 2012-03-15 Common Stock 150000 300000 D 2000 Stock Incentive Plan (Right to Buy) 3.028 2002-02-14 5 J 0 39400 3.028 A 2012-02-19 Common Stock 39400 339400 D 2000 Stock Incentive Plan (Right to Buy) 5.05 2004-02-02 5 J 0 50000 5.05 A 2014-02-02 Common Stock 50000 389400 D 1999 and 2000 Stock Incentive Plan (Right to Buy) 16.62 2004-12-21 5 J 0 50000 16.62 A 2014-12-21 Common Stock 50000 439400 D Restricted Stock Award 0 2006-08-24 5 J 0 35256 0 A Common Stock 35256 474656 D Restricted Stock Award 0 2007-03-01 5 J 0 46000 0 A Common Stock 46000 520656 D Restricted Stock Award 0 2008-03-01 5 J 0 53000 0 A Common Stock 53000 573656 D Restricted Stock Award 0 2009-03-13 5 F 0 11699 0 D Common Stock 11699 561957 D Restricted Stock Award 0 2009-08-24 5 F 0 4168 0 D Common Stock 4168 557789 D Restricted Stock Unit Award 0 2009-12-18 5 F 0 17962 0 D 2009-12-18 Common Stock 17962 539827 D Restricted Stock Unit Award 0 2010-03-11 5 M 0 127921 0 D 2010-03-11 Common Stock 127921 411906 D Restricted Stock Awards and Units 0 2010-03-19 5 S 0 79121 10.64 D Common Stock 79121 332785 D Shares of Blount International, Inc. Class A common stock converted 2-for-1 shares of Blount International, Inc. common stock. 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. Gift to children and grandchildren who do not share reporting person's household. The reporting person disclaims beneficial ownership of the shares held by his children and grandchildren, and this report should not be deemed an admission that the reporting person is the beneficial owner of his children or grandchildren's shares for purposes of Section 16 or for any other purpose. This transaction was gifted from reporting person's September 17, 2004 purchase of 7,900 shares at $11.90 share. All stock options granted under the 1999 and 2000 Stock Incentive Plans became fully vested on or before December 31, 2004. As to all except the 1999 Plan Performance Options, this occurred on December 20, 2004 at the time of a Change-In-Control (as defined in the 1999 and 2000 Stock Incentive Plans) upon the closing of a Secondary Offering by Lehman Brothers of 10,000,000 shares of Blount International common stock. The Performance Shares were vested as of December 31, 2004 by action taken by the Board of Directors of Blount International, Inc. THESE SHARES EXPIRED ON 8/18/09. Vested 33.33% on each succeeding anniversary date of grant for three successive years. First vesting date was December 21, 2005. The Restricted Stock Award was granted under the 2006 Equity Incentive Plan approved by shareholders on April 25, 2006. Vesting occurred with respect to 67% of the shares on August 24, 2008 and will occur for 33% of the shares on August 24, 2009; however, upon Mr. Osterman's retirement, any unvested shares become immediately vested. A Restricted Stock unit is an unsecured promise to transfer a share at a specified future date. The shares do not have an expiration date. The Restricted Stock unit shall vest in three equal annual installments, the first vests one year after date of grant and the second and third vest thereafter on the second and third anniversaries of the date of grant, respectfully. If Grantee's employment with the Company is terminated by his retirement, all outstanding unvested Restricted Stock units shall immediately vest. 17,962 shares for payment of tax liability by withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. 15,334 shares of the 2007 grant, and 35,334 shares of the 2008 grant vest immediately upon Mr. Osterman's retirement on December 18, 2009. Broker-Assisted Cashless Exercise (Exercise and Immediate Sale through Broker on 3/11/10). Exercise and Immediate Sale through Broker on 3/18/10 at $10.572. Open market sale through Broker. Broker assisted sale on 3/19/10 consisted of the sale of 79,121 RSU shares and 7,300 from open market and 1999 acquired shares sold at $10.64/share. Form 5 that was filed on 6/30/10 was filed in error. Mr. Osterman retired as Chairman of the Board of Blount International, Inc. on 5/27/10. Mr. Osterman's final Form 5 actually should be effective on 8/27/10. Richard H. Irving, III 2010-07-01