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KADANT INC Director's Dealing 2020

May 20, 2020

31258_dirs_2020-05-19_07f99641-723c-459b-a7b2-23e1c8cf8914.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: 2020-05-15

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-05-15 Common Stock M 1800 $24.90 Acquired 54039 Direct
2020-05-15 Common Stock S 1800 $90.4522 Disposed 52239 Direct
2020-05-15 Common Stock M 2200 $24.90 Acquired 54439 Direct
2020-05-15 Common Stock S 2200 $91.3555 Disposed 52239 Direct
2020-05-18 Common Stock M 400 $24.90 Acquired 52639 Direct
2020-05-18 Common Stock S 400 $91.4925 Disposed 52239 Direct
2020-05-18 Common Stock M 1500 $24.90 Acquired 53739 Direct
2020-05-18 Common Stock S 1500 $92.5193 Disposed 52239 Direct
2020-05-18 Common Stock M 4500 $24.90 Acquired 56739 Direct
2020-05-18 Common Stock S 4500 $93.4139 Disposed 52239 Direct
2020-05-19 Common Stock M 674 $24.90 Acquired 52913 Direct
2020-05-19 Common Stock S 674 $92.3318 Disposed 52239 Direct
2020-05-19 Common Stock M 200 $24.90 Acquired 52439 Direct
2020-05-19 Common Stock S 200 $93.33 Disposed 52239 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-05-15 Stock Option (Right to Buy) $24.9 M 1800 Disposed 2021-03-09 Common Stock (1800.0) Direct
2020-05-15 Stock Option (Right to Buy) $24.9 M 2200 Disposed 2021-03-09 Common Stock (2200.0) Direct
2020-05-18 Stock Option (Right to Buy) $24.9 M 400 Disposed 2021-03-09 Common Stock (400.0) Direct
2020-05-18 Stock Option (Right to Buy) $24.9 M 1500 Disposed 2021-03-09 Common Stock (1500.0) Direct
2020-05-18 Stock Option (Right to Buy) $24.9 M 4500 Disposed 2021-03-09 Common Stock (4500.0) Direct
2020-05-19 Stock Option (Right to Buy) $24.9 M 674 Disposed 2021-03-09 Common Stock (674.0) Direct
2020-05-19 Stock Option (Right to Buy) $24.9 M 200 Disposed 2021-03-09 Common Stock (200.0) 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 $90 to $91 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 $91.01 to $91.71 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.

F4: Represents the weighted average sale price. The actual sales prices range from $90.94 to $91.75 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 $92.03 to $93.01 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 $93.08 to $94.02 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 $92.12 to $93 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 $93.19 to $93.47 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.