KADANT INC — Director's Dealing 2021

Oct 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2021-10-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-01	Common Stock	M	590	$21.91	Acquired	35251	Direct
2021-10-01	Common Stock	S	590	$203.5749	Disposed	34661	Direct
2021-10-01	Common Stock	M	300	$21.91	Acquired	34961	Direct
2021-10-01	Common Stock	S	300	$204.4867	Disposed	34661	Direct
2021-10-01	Common Stock	M	1540	$21.91	Acquired	36201	Direct
2021-10-01	Common Stock	S	1540	$206.2258	Disposed	34661	Direct
2021-10-01	Common Stock	M	1443	$21.91	Acquired	36104	Direct
2021-10-01	Common Stock	S	1443	$206.9807	Disposed	34661	Direct
2021-10-01	Common Stock	M	92	$21.91	Acquired	34753	Direct
2021-10-01	Common Stock	S	92	$207.70	Disposed	34661	Direct
2021-10-04	Common Stock	M	600	$21.91	Acquired	35261	Direct
2021-10-04	Common Stock	S	600	$203.7542	Disposed	34661	Direct
2021-10-04	Common Stock	M	990	$21.91	Acquired	35651	Direct
2021-10-04	Common Stock	S	990	$204.6145	Disposed	34661	Direct
2021-10-04	Common Stock	M	310	$21.91	Acquired	34971	Direct
2021-10-04	Common Stock	S	310	$205.5503	Disposed	34661	Direct
2021-10-05	Common Stock	M	100	$21.91	Acquired	34761	Direct
2021-10-05	Common Stock	S	100	$203.74	Disposed	34661	Direct
2021-10-05	Common Stock	M	155	$21.91	Acquired	34816	Direct
2021-10-05	Common Stock	S	155	$206.6406	Disposed	34661	Direct
2021-10-05	Common Stock	M	582	$21.91	Acquired	35243	Direct
2021-10-05	Common Stock	S	582	$208.2788	Disposed	34661	Direct
2021-10-05	Common Stock	M	1214	$21.91	Acquired	35875	Direct
2021-10-05	Common Stock	S	1214	$208.9981	Disposed	34661	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-10-01	Stock Option (Right to Buy)	$21.91	M	590	Disposed	2022-03-07	Common Stock (590.0)	Direct
2021-10-01	Stock Option (Right to Buy)	$21.91	M	300	Disposed	2022-03-07	Common Stock (300.0)	Direct
2021-10-01	Stock Option (Right to Buy)	$21.91	M	1540	Disposed	2022-03-07	Common Stock (1540.0)	Direct
2021-10-01	Stock Option (Right to Buy)	$21.91	M	1443	Disposed	2022-03-07	Common Stock (1443.0)	Direct
2021-10-01	Stock Option (Right to Buy)	$21.91	M	92	Disposed	2022-03-07	Common Stock (92.0)	Direct
2021-10-04	Stock Option (Right to Buy)	$21.91	M	600	Disposed	2022-03-07	Common Stock (600.0)	Direct
2021-10-04	Stock Option (Right to Buy)	$21.91	M	990	Disposed	2022-03-07	Common Stock (990.0)	Direct
2021-10-04	Stock Option (Right to Buy)	$21.91	M	310	Disposed	2022-03-07	Common Stock (310.0)	Direct
2021-10-05	Stock Option (Right to Buy)	$21.91	M	100	Disposed	2022-03-07	Common Stock (100.0)	Direct
2021-10-05	Stock Option (Right to Buy)	$21.91	M	155	Disposed	2022-03-07	Common Stock (155.0)	Direct
2021-10-05	Stock Option (Right to Buy)	$21.91	M	582	Disposed	2022-03-07	Common Stock (582.0)	Direct
2021-10-05	Stock Option (Right to Buy)	$21.91	M	1214	Disposed	2022-03-07	Common Stock (1214.0)	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 $203.02 to $204 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 $204.25 to $204.96 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 $205.62 to $206.61 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 $206.67 to $207.36 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 $203.08 to $204.03 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 $204.09 to $205.05 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.

F8: Represents the weighted average sale price. The actual sales prices range from $205.46 to $205.56 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 $206.63 to $206.66 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.

F10: Represents the weighted average sale price. The actual sales prices range from $207.70 to $208.66 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.

F11: Represents the weighted average sale price. The actual sales prices range from $208.72 to $209.38 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.

F12: The stock option is fully vested.