KADANT INC — Director's Dealing 2020

Dec 15, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2020-12-11

Reporting Person: Langevin Eric T (Executive Vice President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-11	Common Stock	M	800	$25.98	Acquired	53039	Direct
2020-12-11	Common Stock	S	800	$134.3973	Disposed	52239	Direct
2020-12-11	Common Stock	M	4284	$25.98	Acquired	56523	Direct
2020-12-11	Common Stock	S	4284	$135.4387	Disposed	52239	Direct
2020-12-11	Common Stock	M	326	$25.98	Acquired	52565	Direct
2020-12-11	Common Stock	S	326	$136.4264	Disposed	52239	Direct
2020-12-14	Common Stock	M	1900	$25.98	Acquired	54139	Direct
2020-12-14	Common Stock	S	1900	$134.6559	Disposed	52239	Direct
2020-12-14	Common Stock	M	2400	$25.98	Acquired	54639	Direct
2020-12-14	Common Stock	S	2400	$135.5622	Disposed	52239	Direct
2020-12-14	Common Stock	M	120	$25.98	Acquired	52359	Direct
2020-12-14	Common Stock	S	120	$136.5083	Disposed	52239	Direct
2020-12-15	Common Stock	M	200	$25.98	Acquired	52439	Direct
2020-12-15	Common Stock	S	200	$131.115	Disposed	52239	Direct
2020-12-15	Common Stock	M	100	$25.98	Acquired	52339	Direct
2020-12-15	Common Stock	S	100	$133	Disposed	52239	Direct
2020-12-15	Common Stock	M	2300	$25.98	Acquired	54539	Direct
2020-12-15	Common Stock	S	2300	$135.4398	Disposed	52239	Direct
2020-12-15	Common Stock	M	297	$25.98	Acquired	52536	Direct
2020-12-15	Common Stock	S	297	$136.50	Disposed	52239	Direct
2020-12-15	Common Stock	S	403	$137.2345	Disposed	51836	Direct
2020-12-15	Common Stock	S	2059	$139.0159	Disposed	49777	Direct
2020-12-15	Common Stock	S	11	$139.6482	Disposed	49766	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-11	Stock Option (Right to Buy)	$25.98	M	800	Disposed	2023-03-06	Common Stock (800.0)	Direct
2020-12-11	Stock Option (Right to Buy)	$25.98	M	4284	Disposed	2023-03-06	Common Stock (4284.0)	Direct
2020-12-11	Stock Option (Right to Buy)	$25.98	M	326	Disposed	2023-03-06	Common Stock (326.0)	Direct
2020-12-14	Stock Option (Right to Buy)	$25.98	M	1900	Disposed	2023-03-06	Common Stock (1900.0)	Direct
2020-12-14	Stock Option (Right to Buy)	$25.98	M	2400	Disposed	2023-03-06	Common Stock (2400.0)	Direct
2020-12-14	Stock Option (Right to Buy)	$25.98	M	120	Disposed	2023-03-06	Common Stock (120.0)	Direct
2020-12-15	Stock Option (Right to Buy)	$25.98	M	200	Disposed	2023-03-06	Common Stock (200.0)	Direct
2020-12-15	Stock Option (Right to Buy)	$25.98	M	100	Disposed	2023-03-06	Common Stock (100.0)	Direct
2020-12-15	Stock Option (Right to Buy)	$25.98	M	2300	Disposed	2023-03-06	Common Stock (2300.0)	Direct
2020-12-15	Stock Option (Right to Buy)	$25.98	M	297	Disposed	2023-03-06	Common Stock (297.0)	Direct

Footnotes

F1: The transactions reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted November 11, 2020.

F2: Represents the weighted average sale price. The actual sales prices range from $133.98 to $134.89 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 $135.00 to $136.00 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 $136.10 to $136.58 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 $134.10 to $135.10 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.

F6: Represents the weighted average sale price. The actual sales prices range from $135.24 to $136.00 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 $136.45 to $136.80 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 $131.02 to $131.21 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: Represents the weighted average sale price. The actual sales prices range from $134.72 to $135.65 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.

F10: Represents the weighted average sale price. The actual sales prices range from $136.50 to $137.48 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.

F11: Represents the weighted average sale price. The actual sales prices range from $138.40 to $139.20 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.

F12: Represents the weighted average sale price. The actual sales prices range from $139.64 to $139.73 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.

F13: This stock option is fully vested.