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KADANT INC Director's Dealing 2021

Mar 12, 2021

31258_dirs_2021-03-12_4c92bf93-ab42-4c50-8536-fcdc699885b1.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: SELWOOD DEBORAH (Senior Vice President & CAO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-03-10 Common Stock M 333 Acquired 15710 Direct
2021-03-10 Common Stock F 98 $175.29 Disposed 15612 Direct
2021-03-10 Common Stock M 70 Acquired 15682 Direct
2021-03-10 Common Stock F 21 $175.29 Disposed 15661 Direct
2021-03-10 Common Stock M 448 Acquired 16109 Direct
2021-03-10 Common Stock F 132 $175.29 Disposed 15977 Direct
2021-03-10 Common Stock M 113 Acquired 16090 Direct
2021-03-10 Common Stock F 34 $175.29 Disposed 16056 Direct
2021-03-10 Common Stock M 418 Acquired 16474 Direct
2021-03-10 Common Stock F 123 $175.29 Disposed 16351 Direct
2021-03-10 Common Stock M 110 Acquired 16461 Direct
2021-03-10 Common Stock F 33 $175.29 Disposed 16428 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-03-10 Restricted Stock Unit $0.0 M 333 Disposed 2021-04-30 Common Stock (333.0) Direct
2021-03-10 Restricted Stock Unit $0.0 M 70 Disposed 2021-04-30 Common Stock (70.0) Direct
2021-03-10 Restricted Stock Unit $0.0 M 448 Disposed 2022-04-30 Common Stock (448.0) Direct
2021-03-10 Restricted Stock Unit $0.0 M 113 Disposed 2022-04-30 Common Stock (113.0) Direct
2021-03-10 Restricted Stock Unit $0.0 M 418 Disposed 2023-04-30 Common Stock (418.0) Direct
2021-03-10 Restricted Stock Unit $0.0 M 110 Disposed 2023-04-30 Common Stock (110.0) 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.