KADANT INC — Director's Dealing 2019

Dec 12, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2019-12-11

Reporting Person: MCKENNEY MICHAEL J (Executive Vice President & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-11	Common Stock	M	2500	$24.90	Acquired	17557.009	Direct
2019-12-11	Common Stock	S	2500	$100.4356	Disposed	15057.009	Direct
2019-12-11	Common Stock	M	1688	$24.90	Acquired	16745.009	Direct
2019-12-11	Common Stock	S	1688	$100.9774	Disposed	15057.009	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-12-11	Stock Option (Right to Buy)	$24.9	M	2500	Disposed	2021-03-09	Common Stock (2500.0)	Direct
2019-12-11	Stock Option (Right to Buy)	$24.9	M	1688	Disposed	2021-03-09	Common Stock (1688.0)	Direct

Footnotes

F1: The transactions reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted November 11, 2019.

F2: Represents the weighted average sale price. The actual sales prices range from $99.81 to $100.75 per share. The reporting person will supply the SEC, the Issuer, or a security holder of the Issuer, with full information regarding the number of shares at each price upon request.

F3: Represents the weighted average sale price. The actual sales prices range from $100.83 to $101.10 per share. The reporting person will supply the SEC, the Issuer, or a security holder of the Issuer, with full information regarding the number of shares at each price upon request.

F4: This stock option is fully vested.