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KADANT INC Director's Dealing 2021

Nov 8, 2021

31258_dirs_2021-11-08_530a8664-812a-407b-b8c2-ce22d4f3c344.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2021-11-01

Reporting Person: Westerhout Fredrik H (Vice President)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1177 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Unit $0.0 2022-04-30 Common Stock (218.0) Direct
Restricted Stock Unit $0.0 2023-04-30 Common Stock (424.0) Direct
Restricted Stock Unit $0.0 2024-04-30 Common Stock (391.0) Direct

Footnotes

F1: Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's common stock. The RSU Vests and is distributable on March 10, 2022, provided the reporting person is employed by the Issuer on the vesting date.

F2: Each RSU represents the right to receive one share of the Issuer's common stock. The RSU vests and is distributable in two equal installments beginning on March 10, 2022, provided that the reporting person is employed by the Issuer on the vesting date.

F3: Each RSU represents the right to receive one share of the Issuer's common stock. The RSU vests and is distributable in three equal installations beginning on March 10, 2022, provided the reporting person is employed by the Issuer on the vesting date.