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KADANT INC — Director's Dealing 2021
Mar 12, 2021
31258_dirs_2021-03-12_0f34512d-6b8b-4551-9bbe-825e42d335fc.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: Langevin Eric T (Executive Vice President & COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-10 | Common Stock | M | 1335 | — | Acquired | 51338 | Direct |
| 2021-03-10 | Common Stock | F | 499 | $175.29 | Disposed | 50839 | Direct |
| 2021-03-10 | Common Stock | M | 279 | — | Acquired | 51118 | Direct |
| 2021-03-10 | Common Stock | F | 124 | $175.29 | Disposed | 50994 | Direct |
| 2021-03-10 | Common Stock | M | 1433 | — | Acquired | 52427 | Direct |
| 2021-03-10 | Common Stock | F | 421 | $175.29 | Disposed | 52006 | Direct |
| 2021-03-10 | Common Stock | M | 363 | — | Acquired | 52369 | Direct |
| 2021-03-10 | Common Stock | F | 161 | $175.29 | Disposed | 52208 | Direct |
| 2021-03-10 | Common Stock | M | 1488 | — | Acquired | 53696 | Direct |
| 2021-03-10 | Common Stock | F | 437 | $175.29 | Disposed | 53259 | Direct |
| 2021-03-10 | Common Stock | M | 393 | — | Acquired | 53652 | Direct |
| 2021-03-10 | Common Stock | F | 175 | $175.29 | Disposed | 53477 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-10 | Restricted Stock Unit | $0.0 | M | 1335 | Disposed | 2021-04-30 | Common Stock (1335.0) | Direct |
| 2021-03-10 | Restricted Stock Unit | $0.0 | M | 279 | Disposed | 2021-04-30 | Common Stock (279.0) | Direct |
| 2021-03-10 | Restricted Stock Unit | $0.0 | M | 1433 | Disposed | 2022-04-30 | Common Stock (1433.0) | Direct |
| 2021-03-10 | Restricted Stock Unit | $0.0 | M | 363 | Disposed | 2022-04-30 | Common Stock (363.0) | 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.