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KADANT INC — Director's Dealing 2021
Mar 12, 2021
31258_dirs_2021-03-12_6e9729ef-823e-4181-bcb7-e49cde4a2ef1.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: Colwell Michael C. (Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-10 | Common Stock | M | 378 | — | Acquired | 1365 | Direct |
| 2021-03-10 | Common Stock | F | 93 | $175.29 | Disposed | 1272 | Direct |
| 2021-03-10 | Common Stock | M | 418 | — | Acquired | 1690 | Direct |
| 2021-03-10 | Common Stock | F | 102 | $175.29 | Disposed | 1588 | Direct |
| 2021-03-10 | Common Stock | M | 110 | — | Acquired | 1698 | Direct |
| 2021-03-10 | Common Stock | F | 27 | $175.29 | Disposed | 1671 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-10 | Restricted Stock Unit | $0.0 | M | 378 | Disposed | 2022-04-30 | Common Stock (378.0) | 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 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.
F2: 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.
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.