KADANT INC — Director's Dealing 2021

Oct 15, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2021-10-14

Reporting Person: Powell Jeffrey L (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-14	Common Stock	M	595	$25.98	Acquired	35256	Direct
2021-10-14	Common Stock	S	595	$200.1729	Disposed	34661	Direct
2021-10-14	Common Stock	M	805	$25.98	Acquired	35466	Direct
2021-10-14	Common Stock	S	805	$201.0893	Disposed	34661	Direct
2021-10-14	Common Stock	M	300	$25.98	Acquired	34961	Direct
2021-10-14	Common Stock	S	300	$203.2833	Disposed	34661	Direct
2021-10-14	Common Stock	M	489	$25.98	Acquired	35150	Direct
2021-10-14	Common Stock	S	489	$204.4244	Disposed	34661	Direct
2021-10-15	Common Stock	M	477	$25.98	Acquired	35138	Direct
2021-10-15	Common Stock	S	477	$205.2092	Disposed	34661	Direct
2021-10-15	Common Stock	M	300	$25.98	Acquired	34961	Direct
2021-10-15	Common Stock	S	300	$206.2233	Disposed	34661	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-10-14	Stock Option (Right to Buy)	$25.98	M	595	Disposed	2023-03-06	Common Stock (595.0)	Direct
2021-10-14	Stock Option (Right to Buy)	$25.98	M	805	Disposed	2023-03-06	Common Stock (805.0)	Direct
2021-10-14	Stock Option (Right to Buy)	$25.98	M	300	Disposed	2023-03-06	Common Stock (300.0)	Direct
2021-10-14	Stock Option (Right to Buy)	$25.98	M	489	Disposed	2023-03-06	Common Stock (489.0)	Direct
2021-10-15	Stock Option (Right to Buy)	$25.98	M	477	Disposed	2023-03-06	Common Stock (477.0)	Direct
2021-10-15	Stock Option (Right to Buy)	$25.98	M	300	Disposed	2023-03-06	Common Stock (300.0)	Direct

Footnotes

F1: The transaction reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted September 1, 2021.

F2: Represents the weighted average sale price. The actual sales prices range from $199.56 to $200.42 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 $200.82 to $201.76 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 $202.67 to $203.65 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 $204.16 to $204.87 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 $204.76 to $205.66 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 $206.00 to $206.50 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: The stock option is fully vested.