SAK's with their 52-54hrc EN 1.4110/X55CrMo14 steel, are really unpleasant to abrade and deburr, and don't hold an edge. I've found that a 600-1200 grit diamond plate (DMT or Dianova.), followed by a strop (Cheap 1-micron diamond, JRE compounds, Lee Valley CrOx - which is actually an AlOx/CrOx blend, Meguiar's Ultimate Compound, etc. You don't have to get fancy with this stuff.), is about the best edge possible on this rubbish. Don't worry about deburring too much; let the strop deal with the last bits. You're going to need to re-do it often, so make sure your setup is portable. A little Dianova 600/1200 plate, or a little Dia-Sharp Fine 600 plate, with a small basswood strop pasted with whatever, will keep you going with SAK's. I've fought these things for years, and this is the best formula I've come up with. A coarse grit on its own - if you can manage to deburr it on that stone/plate, which requires a lot of faffing about - doesn't last, as there aren't enough hard carbides to hold it. A really polished edge, likewise, will disappear within seconds. You need some sort of quickly created balance between the two.
Leatherman's 420HC is really unpleasant; maybe even worse than Buck's treatment of this stuff, which I abhore. Only Spyderco's Chinese 8CrMoV13 is nastier than this stuff. It feels even coarser-grained, gummier, and less malleable feeling than Swiss Army Knives. I've been using an 800 grit SiC stone (JNS 800 Matukusuyama.) with a light touch to shape them, and then the JRE Black compound (~3500 grit AlOx) to finish on a horse-butt leather strop (You want something more flexible than wood, since the stone-edge will be a little convexed on this steel. At the same time, not as flexible as veg-tanned cow.). This helps control the burr. You can also use diamond plates, but avoiding a crazy burr is even harder. Diamond plates will result in a little 'crisper' edge geometry, though, if you can pull it off... These sorts of steels, feel a whisker away from sharpening a stainless kitchen bench-scraper, or a spatula.
Don't get me started on Gerber's current mystery-metal.
I use about 13 dps on SAK's, and ~15dps on Leatherman's or similar depending upon BTE thickness. I could do steeper edges, in excess of 20-dps, so they roll less. However, I really struggle to get them to shave with 40-degree+ inclusive angles. I can do 20-dps angles that still shave on these steels with Trans Arks to avoid edge rounding, but it's
so not worth the time.
Hope this helps.