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KADANT INC — Director's Dealing 2021
Mar 12, 2021
31258_dirs_2021-03-12_fd9ad4e7-c4fe-421d-b5fd-d4a760f747ff.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: Flynn Peter J. (Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-10 | Common Stock | M | 202 | — | Acquired | 1739.584 | Direct |
| 2021-03-10 | Common Stock | F | 60 | $175.29 | Disposed | 1679.584 | Direct |
| 2021-03-10 | Common Stock | M | 284 | — | Acquired | 1963.584 | Direct |
| 2021-03-10 | Common Stock | F | 84 | $175.29 | Disposed | 1879.584 | Direct |
| 2021-03-10 | Common Stock | M | 147 | — | Acquired | 2026.584 | Direct |
| 2021-03-10 | Common Stock | F | 44 | $175.29 | Disposed | 1982.584 | Direct |
| 2021-03-10 | Common Stock | M | 557 | — | Acquired | 2539.584 | Direct |
| 2021-03-10 | Common Stock | F | 164 | $175.29 | Disposed | 2375.584 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-10 | Restricted Stock Unit | $0.0 | M | 202 | Disposed | 2021-04-30 | Common Stock (202.0) | Direct |
| 2021-03-10 | Restricted Stock Unit | $0.0 | M | 284 | Disposed | 2022-04-30 | Common Stock (284.0) | Direct |
| 2021-03-10 | Restricted Stock Unit | $0.0 | M | 147 | Disposed | 2023-04-30 | Common Stock (147.0) | Direct |
| 2021-03-10 | Restricted Stock Unit | $0.0 | M | 557 | Disposed | 2023-04-30 | Common Stock (557.0) | Direct |
Footnotes
F1: 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.
F2: 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.
F3: 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.
F4: 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.