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KADANT INC — Director's Dealing 2021
Mar 12, 2021
31258_dirs_2021-03-12_f6ad9f53-eb0d-4704-b44d-b641fda9f87d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2021-03-10
Reporting Person: Powell Jeffrey L (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-10 | Common Stock | M | 2002 | — | Acquired | 28986 | Direct |
| 2021-03-10 | Common Stock | F | 888 | $175.29 | Disposed | 28098 | Direct |
| 2021-03-10 | Common Stock | M | 419 | — | Acquired | 28517 | Direct |
| 2021-03-10 | Common Stock | F | 186 | $175.29 | Disposed | 28331 | Direct |
| 2021-03-10 | Common Stock | M | 4030 | — | Acquired | 32361 | Direct |
| 2021-03-10 | Common Stock | F | 1788 | $175.29 | Disposed | 30573 | Direct |
| 2021-03-10 | Common Stock | M | 1021 | — | Acquired | 31594 | Direct |
| 2021-03-10 | Common Stock | F | 453 | $175.29 | Disposed | 31141 | Direct |
| 2021-03-10 | Common Stock | M | 5006 | — | Acquired | 36147 | Direct |
| 2021-03-10 | Common Stock | F | 2221 | $175.29 | Disposed | 33926 | Direct |
| 2021-03-10 | Common Stock | M | 1322 | — | Acquired | 35248 | Direct |
| 2021-03-10 | Common Stock | F | 587 | $175.29 | Disposed | 34661 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-10 | Restricted Stock Unit | $0.0 | M | 2002 | Disposed | 2021-04-30 | Common Stock (2002.0) | Direct |
| 2021-03-10 | Restricted Stock Unit | $0.0 | M | 419 | Disposed | 2021-04-30 | Common Stock (419.0) | Direct |
| 2021-03-10 | Restricted Stock Unit | $0.0 | M | 4030 | Disposed | 2022-04-30 | Common Stock (4030.0) | Direct |
| 2021-03-10 | Restricted Stock Unit | $0.0 | M | 1021 | Disposed | 2022-04-30 | Common Stock (1021.0) | Direct |
| 2021-03-10 | Restricted Stock Unit | $0.0 | M | 5006 | Disposed | 2023-04-30 | Common Stock (5006.0) | Direct |
| 2021-03-10 | Restricted Stock Unit | $0.0 | M | 1322 | Disposed | 2023-04-30 | Common Stock (1322.0) | Direct |
Footnotes
F1: The shares represent the partial settlement under a performance-based RSU award granted March 7, 2018. One-third of the RSU vested and became distributable on March 10, 2021 and was converted to common stock on a one-for-one basis on the vesting date.
F2: The shares represent the partial settlement under a time-based RSU award granted March 7, 2018. One-third of the RSU vested and became distributable on March 10, 2021 and was converted to common stock on a one-for-one basis on the vesting date.
F3: The shares represent the partial settlement under a performance-based RSU award granted March 4, 2019. One-third of the RSU vested and became distributable on March 10, 2021 and was converted to common stock on a one-for-one basis on the vesting date.
F4: The shares represent the partial settlement under a time-based RSU award granted March 4, 2019. One-third of the RSU vested and became distributable on March 10, 2021 and was converted to common stock on a one-for-one basis on the vesting date.
F5: The shares represent the partial settlement under a performance-based RSU award granted March 2, 2020. One-third of the RSU vested and became distributable on March 10, 2021 and was converted to common stock on a one-for-one basis on the vesting date.
F6: The shares represent the partial settlement under a time-based RSU award granted March 2, 2020. One-third of the RSU vested and became distributable on March 10, 2021 and was converted to common stock on a one-for-one basis on the vesting date.