KADANT INC — Director's Dealing 2019

Nov 4, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2019-10-31

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-10-31	Common Stock	M	800	$24.90	Acquired	94117	Direct
2019-10-31	Common Stock	S	800	$88.8788	Disposed	93317	Direct
2019-10-31	Common Stock	M	2461	$24.90	Acquired	95778	Direct
2019-10-31	Common Stock	S	2461	$89.8619	Disposed	93317	Direct
2019-10-31	Common Stock	M	3300	$24.90	Acquired	96617	Direct
2019-10-31	Common Stock	S	3300	$90.3124	Disposed	93317	Direct
2019-10-31	Common Stock	M	400	$24.90	Acquired	93717	Direct
2019-10-31	Common Stock	S	400	$90.8925	Disposed	93317	Direct
2019-11-01	Common Stock	M	5600	$24.90	Acquired	98917	Direct
2019-11-01	Common Stock	S	5600	$92.0228	Disposed	93317	Direct
2019-11-01	Common Stock	M	300	$24.90	Acquired	93617	Direct
2019-11-01	Common Stock	S	300	$92.7467	Disposed	93317	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-10-31	Stock Option (Right to Buy)	$24.9	M	800	Disposed	2021-03-09	Common Stock (800.0)	Direct
2019-10-31	Stock Option (Right to Buy)	$24.9	M	2461	Disposed	2021-03-09	Common Stock (2461.0)	Direct
2019-10-31	Stock Option (Right to Buy)	$24.9	M	3300	Disposed	2021-03-09	Common Stock (3300.0)	Direct
2019-10-31	Stock Option (Right to Buy)	$24.9	M	400	Disposed	2021-03-09	Common Stock (400.0)	Direct
2019-11-01	Stock Option (Right to Buy)	$24.9	M	5600	Disposed	2021-03-09	Common Stock (5600.0)	Direct
2019-11-01	Stock Option (Right to Buy)	$24.9	M	300	Disposed	2021-03-09	Common Stock (300.0)	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 $88.40 to $89.34 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 $89.49 to $90.39 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 $89.82 to $90.79 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 $90.87 to $90.92 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 $91.50 to $92.48 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 $92.55 to $92.86 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: This stock option is fully vested.