KADANT INC — Director's Dealing 2020

Jan 14, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2020-01-10

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-10	Common Stock	S	5255	$106.686	Disposed	52034	Direct
2020-01-10	Common Stock	S	2827	$107.1346	Disposed	49207	Direct
2020-01-13	Common Stock	S	484	$106.8401	Disposed	48723	Direct
2020-01-13	Common Stock	S	100	$107.102	Disposed	48623	Direct
2020-01-13	Common Stock	S	3995	$107.5229	Disposed	44628	Direct
2020-01-13	Common Stock	S	305	$108.0734	Disposed	44323	Direct
2020-01-14	Common Stock	S	300	$107.89	Disposed	44023	Direct
2020-01-14	Common Stock	S	2065	$109.392	Disposed	41958	Direct
2020-01-14	Common Stock	S	4902	$110.2041	Disposed	37056	Direct
2020-01-14	Common Stock	S	1300	$110.8458	Disposed	35756	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 $105.99 to $106.99 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 $107 to $107.44 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 $106.05 to $107.05 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 $107.07 to $107.13 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 $107.05 to $108.05 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 $108.07 to $108.08 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 $107.64 to $108.04 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.

F9: Represents the weighted average sale price. The actual sales prices range from $108.68 to $109.68 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.

F10: Represents the weighted average sale price. The actual sales prices range from $109.695 to $110.68 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.

F11: Represents the weighted average sale price. The actual sales prices range from $110.70 to $111.02 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.