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KADANT INC Director's Dealing 2020

May 21, 2020

31258_dirs_2020-05-21_fbae4b45-2d11-4b45-9b7b-db6b472dee96.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: 2020-05-19

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-05-19 Common Stock M 1926 $21.91 Acquired 54165 Direct
2020-05-19 Common Stock S 1926 $92.2964 Disposed 52239 Direct
2020-05-19 Common Stock M 2000 $21.91 Acquired 54239 Direct
2020-05-19 Common Stock S 2000 $93.5595 Disposed 52239 Direct
2020-05-19 Common Stock M 900 $21.91 Acquired 53139 Direct
2020-05-19 Common Stock S 900 $94.4401 Disposed 52239 Direct
2020-05-20 Common Stock M 2700 $21.91 Acquired 54939 Direct
2020-05-20 Common Stock S 2700 $94.0852 Disposed 52239 Direct
2020-05-20 Common Stock M 2400 $21.91 Acquired 54639 Direct
2020-05-20 Common Stock S 2400 $94.6733 Disposed 52239 Direct
2020-05-21 Common Stock M 1097 $21.91 Acquired 53336 Direct
2020-05-21 Common Stock S 1097 $94.2078 Disposed 52239 Direct
2020-05-21 Common Stock M 400 $21.91 Acquired 52639 Direct
2020-05-21 Common Stock S 400 $95.0525 Disposed 52239 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-05-19 Stock Option (Right to Buy) $21.91 M 1926 Disposed 2022-03-07 Common Stock (1926.0) Direct
2020-05-19 Stock Option (Right to Buy) $21.91 M 2000 Disposed 2022-03-07 Common Stock (2000.0) Direct
2020-05-19 Stock Option (Right to Buy) $21.91 M 900 Disposed 2022-03-07 Common Stock (900.0) Direct
2020-05-20 Stock Option (Right to Buy) $21.91 M 2700 Disposed 2022-03-07 Common Stock (2700.0) Direct
2020-05-20 Stock Option (Right to Buy) $21.91 M 2400 Disposed 2022-03-07 Common Stock (2400.0) Direct
2020-05-21 Stock Option (Right to Buy) $21.91 M 1097 Disposed 2022-03-07 Common Stock (1097.0) Direct
2020-05-21 Stock Option (Right to Buy) $21.91 M 400 Disposed 2022-03-07 Common Stock (400.0) Direct

Footnotes

F1: The transactions reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted February 28, 2020.

F2: Represents the weighted average sale price. The actual sales prices range from $91.96 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.

F3: Represents the weighted average sale price. The actual sales prices range from $93.06 to $94 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 $94.26 to $94.81 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 $93.43 to $94.39 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.

F6: Represents the weighted average sale price. The actual sales prices range from $94.49 to $95.09 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 $93.80 to $94.71 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 $94.92 to $95.45 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: This stock option is fully vested.