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KADANT INC Director's Dealing 2020

Dec 15, 2020

31258_dirs_2020-12-15_1306a41f-21a2-4b24-82f5-ce51502cbe1c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2020-12-14

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-12-14 Common Stock M 1500 $21.91 Acquired 20164.009 Direct
2020-12-14 Common Stock S 1500 $134.4304 Disposed 18664.009 Direct
2020-12-14 Common Stock M 2144 $21.91 Acquired 20808.009 Direct
2020-12-14 Common Stock S 2144 $135.389 Disposed 18664.009 Direct
2020-12-14 Common Stock M 600 $21.91 Acquired 19264.009 Direct
2020-12-14 Common Stock S 600 $136.2817 Disposed 18664.009 Direct
2020-12-14 Common Stock S 755 $135.10 Disposed 17909.009 Direct
2020-12-15 Common Stock S 517 $134.72 Disposed 17392.009 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-12-14 Stock Option (Right to Buy) $21.91 M 1500 Disposed 2022-03-07 Common Stock (1500.0) Direct
2020-12-14 Stock Option (Right to Buy) $21.91 M 2144 Disposed 2022-03-07 Common Stock (2144.0) Direct
2020-12-14 Stock Option (Right to Buy) $21.91 M 600 Disposed 2022-03-07 Common Stock (600.0) Direct

Footnotes

F1: The transactions reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted November 13, 2020.

F2: Represents the weighted average sale price. The actual sales prices range from $133.89 to $134.80 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.

F3: Represents the weighted average sale price. The actual sales prices range from $134.95 to $135.89 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.

F4: Represents the weighted average sale price. The actual sales prices range from $135.99 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.

F5: This stock option is fully vested.