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KADANT INC — Director's Dealing 2021
Mar 12, 2021
31258_dirs_2021-03-12_8fbfa58b-261a-4613-a987-2ab0248506ae.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: KRAUSE STACY D. (VP, General Counsel, Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-10 | Common Stock | M | 417 | — | Acquired | 1697 | Direct |
| 2021-03-10 | Common Stock | F | 123 | $175.29 | Disposed | 1574 | Direct |
| 2021-03-10 | Common Stock | M | 87 | — | Acquired | 1661 | Direct |
| 2021-03-10 | Common Stock | F | 26 | $175.29 | Disposed | 1635 | Direct |
| 2021-03-10 | Common Stock | M | 647 | — | Acquired | 2282 | Direct |
| 2021-03-10 | Common Stock | F | 190 | $175.29 | Disposed | 2092 | Direct |
| 2021-03-10 | Common Stock | M | 164 | — | Acquired | 2256 | Direct |
| 2021-03-10 | Common Stock | F | 49 | $175.29 | Disposed | 2207 | Direct |
| 2021-03-10 | Common Stock | M | 946 | — | Acquired | 3153 | Direct |
| 2021-03-10 | Common Stock | F | 278 | $175.29 | Disposed | 2875 | Direct |
| 2021-03-10 | Common Stock | M | 250 | — | Acquired | 3125 | Direct |
| 2021-03-10 | Common Stock | F | 74 | $175.29 | Disposed | 3051 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-10 | Restricted Stock Unit | $0.0 | M | 417 | Disposed | 2021-04-30 | Common Stock (417.0) | Direct |
| 2021-03-10 | Restricted Stock Unit | $0.0 | M | 87 | Disposed | 2021-04-30 | Common Stock (87.0) | Direct |
| 2021-03-10 | Restricted Stock Unit | $0.0 | M | 647 | Disposed | 2022-04-30 | Common Stock (647.0) | Direct |
| 2021-03-10 | Restricted Stock Unit | $0.0 | M | 164 | Disposed | 2022-04-30 | Common Stock (164.0) | Direct |
| 2021-03-10 | Restricted Stock Unit | $0.0 | M | 946 | Disposed | 2023-04-30 | Common Stock (946.0) | Direct |
| 2021-03-10 | Restricted Stock Unit | $0.0 | M | 250 | Disposed | 2023-04-30 | Common Stock (250.0) | 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.