KADANT INC — Director's Dealing 2019

Nov 13, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: PAINTER JONATHAN W (Director, Exec. Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-11	Common Stock	M	7500	$21.91	Acquired	100817	Direct
2019-11-11	Common Stock	S	7500	$98.4564	Disposed	93317	Direct
2019-11-11	Common Stock	M	700	$21.91	Acquired	94017	Direct
2019-11-11	Common Stock	S	700	$99.1861	Disposed	93317	Direct
2019-11-12	Common Stock	M	1700	$21.91	Acquired	95017	Direct
2019-11-12	Common Stock	S	1700	$98.6826	Disposed	93317	Direct
2019-11-12	Common Stock	M	5865	$21.91	Acquired	99182	Direct
2019-11-12	Common Stock	S	5865	$98.4042	Disposed	93317	Direct
2019-11-12	Common Stock	M	2650	$21.91	Acquired	95967	Direct
2019-11-12	Common Stock	S	2650	$99.1822	Disposed	93317	Direct
2019-11-13	Common Stock	M	5700	$25.98	Acquired	99017	Direct
2019-11-13	Common Stock	S	5700	$96.943	Disposed	93317	Direct
2019-11-13	Common Stock	M	200	$25.98	Acquired	93517	Direct
2019-11-13	Common Stock	S	200	$97.6768	Disposed	93317	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-11	Stock Option (Right to Buy)	$21.91	M	7500	Disposed	2022-03-07	Common Stock (7500.0)	Direct
2019-11-11	Stock Option (Right to Buy)	$21.91	M	700	Disposed	2022-03-07	Common Stock (700.0)	Direct
2019-11-12	Stock Option (Right to Buy)	$21.91	M	1700	Disposed	2022-03-07	Common Stock (1700.0)	Direct
2019-11-12	Stock Option (Right to Buy)	$21.91	M	5865	Disposed	2022-03-07	Common Stock (5865.0)	Direct
2019-11-12	Stock Option (Right to Buy)	$21.91	M	2650	Disposed	2022-03-07	Common Stock (2650.0)	Direct
2019-11-13	Stock Option (Right to Buy)	$25.98	M	5700	Disposed	2023-03-06	Common Stock (5700.0)	Direct
2019-11-13	Stock Option (Right to Buy)	$25.98	M	200	Disposed	2023-03-06	Common Stock (200.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3	Indirect

Footnotes

F1: The transactions reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted May 20, 2019.

F2: Represents the weighted average sale price. The actual sales prices range from $98.05 to $99.05 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 $99.08 to $99.55 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: Represents the weighted average sale price. The actual sales prices range from $98.24 to $99.09 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.

F5: Represents the weighted average sale price. The actual sales prices range from $98.02 to $99.02 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.

F6: Represents the weighted average sale price. The actual sales prices range from $99.03 to $99.72 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.

F7: Represents the weighted average sale price. The actual sales prices range from $96.31 to $97.29 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.

F8: Represents the weighted average sale price. The actual sales prices range from $97.56 to $97.72 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.

F9: This stock option is fully vested.