KADANT INC — Director's Dealing 2020

May 1, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2020-04-29

Reporting Person: PAINTER JONATHAN W (Director, Exec. Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-29	Common Stock	S	200	$85.02	Disposed	33187	Direct
2020-04-29	Common Stock	S	500	$86.6287	Disposed	32687	Direct
2020-04-29	Common Stock	S	1937	$87.6994	Disposed	30750	Direct
2020-04-29	Common Stock	S	4372	$88.7297	Disposed	26378	Direct
2020-04-29	Common Stock	S	1400	$89.3698	Disposed	24978	Direct
2020-04-30	Common Stock	S	1425	$85.5488	Disposed	23553	Direct
2020-04-30	Common Stock	S	1775	$86.5273	Disposed	21778	Direct
2020-04-30	Common Stock	S	700	$87.42	Disposed	21078	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3	Indirect

Footnotes

F1: The transactions reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted November 15, 2019.

F2: Represents the weighted average sale price. The actual sales prices range from $85 to $85.04 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 $86.12 to $86.98 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 $87.15 to $88.15 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 $88.16 to $89.14 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 $89.17 to $89.71 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.

F7: Represents the weighted average sale price. The actual sales prices range from $85 to $85.91 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.

F8: Represents the weighted average sale price. The actual sales prices range from $86.05 to $86.91 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.

F9: Represents the weighted average sale price. The actual sales prices range from $87.30 to $87.86 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.