KADANT INC — Director's Dealing 2020

Jun 1, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2020-06-01

Reporting Person: Tully William P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-01	Common Stock	M	1043	—	Acquired	6101	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-01	Restricted Stock Unit	$0.0	M	1043	Disposed	2021-01-31	Common Stock (1043.0)	Direct

Footnotes

F1: Represents partial vesting of a restricted stock unit award on June 1, 2020 and delivery of shares to the reporting person pursuant to the terms of a restricted stock unit award agreement dated May 12, 2020. The remainder of the shares vest in two equal installments on the last day of each of the Issuer's third and fourth quarters of fiscal 2020 provided the recipient continues to serve as a director of the Issuer.