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KADANT INC — Director's Dealing 2021
Mar 12, 2021
31258_dirs_2021-03-12_61e1661a-8713-426a-945e-9fe2bcc38193.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: MCKENNEY MICHAEL J (Executive Vice President & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-10 | Common Stock | M | 1168 | — | Acquired | 18491.009 | Direct |
| 2021-03-10 | Common Stock | F | 410 | $175.29 | Disposed | 18081.009 | Direct |
| 2021-03-10 | Common Stock | M | 244 | — | Acquired | 18325.009 | Direct |
| 2021-03-10 | Common Stock | F | 109 | $175.29 | Disposed | 18216.009 | Direct |
| 2021-03-10 | Common Stock | M | 1343 | — | Acquired | 19559.009 | Direct |
| 2021-03-10 | Common Stock | F | 395 | $175.29 | Disposed | 19164.009 | Direct |
| 2021-03-10 | Common Stock | M | 340 | — | Acquired | 19504.009 | Direct |
| 2021-03-10 | Common Stock | F | 151 | $175.29 | Disposed | 19353.009 | Direct |
| 2021-03-10 | Common Stock | M | 1488 | — | Acquired | 20841.009 | Direct |
| 2021-03-10 | Common Stock | F | 437 | $175.29 | Disposed | 20404.009 | Direct |
| 2021-03-10 | Common Stock | M | 393 | — | Acquired | 20797.009 | Direct |
| 2021-03-10 | Common Stock | F | 175 | $175.29 | Disposed | 20622.009 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-10 | Restricted Stock Unit | $0.0 | M | 1168 | Disposed | 2021-04-30 | Common Stock (1168.0) | Direct |
| 2021-03-10 | Restricted Stock Unit | $0.0 | M | 244 | Disposed | 2021-04-30 | Common Stock (244.0) | Direct |
| 2021-03-10 | Restricted Stock Unit | $0.0 | M | 1343 | Disposed | 2022-04-30 | Common Stock (1343.0) | Direct |
| 2021-03-10 | Restricted Stock Unit | $0.0 | M | 340 | Disposed | 2022-04-30 | Common Stock (340.0) | Direct |
| 2021-03-10 | Restricted Stock Unit | $0.0 | M | 1488 | Disposed | 2023-04-30 | Common Stock (1488.0) | Direct |
| 2021-03-10 | Restricted Stock Unit | $0.0 | M | 393 | Disposed | 2023-04-30 | Common Stock (393.0) | 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.