KADANT INC — Director's Dealing 2019

Nov 19, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2019-11-19

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-19	Common Stock	M	715	$25.98	Acquired	94032	Direct
2019-11-19	Common Stock	S	715	$93.8599	Disposed	93317	Direct
2019-11-19	Common Stock	M	915	$25.98	Acquired	94232	Direct
2019-11-19	Common Stock	S	915	$94.2733	Disposed	93317	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-19	Stock Option (Right to Buy)	$25.98	M	715	Disposed	2023-03-06	Common Stock (715.0)	Direct
2019-11-19	Stock Option (Right to Buy)	$25.98	M	915	Disposed	2023-03-06	Common Stock (915.0)	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 $93.40 to $94.20 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 $93.83 to $94.66 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.