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KADANT INC — Director's Dealing 2022
Mar 11, 2022
31258_dirs_2022-03-11_691e8846-ff0d-4ca9-8561-3e92108ad2bb.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: 2022-03-10
Reporting Person: Powell Jeffrey L (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-10 | Common Stock | M | 4030 | — | Acquired | 36999 | Direct |
| 2022-03-10 | Common Stock | F | 1788 | $202.22 | Disposed | 35211 | Direct |
| 2022-03-10 | Common Stock | M | 1021 | — | Acquired | 36232 | Direct |
| 2022-03-10 | Common Stock | F | 453 | $202.22 | Disposed | 35779 | Direct |
| 2022-03-10 | Common Stock | M | 5005 | — | Acquired | 40784 | Direct |
| 2022-03-10 | Common Stock | F | 2220 | $202.22 | Disposed | 38564 | Direct |
| 2022-03-10 | Common Stock | M | 1321 | — | Acquired | 39885 | Direct |
| 2022-03-10 | Common Stock | F | 586 | $202.22 | Disposed | 39299 | Direct |
| 2022-03-10 | Common Stock | M | 5007 | — | Acquired | 44306 | Direct |
| 2022-03-10 | Common Stock | F | 2221 | $202.22 | Disposed | 42085 | Direct |
| 2022-03-10 | Common Stock | M | 835 | — | Acquired | 42920 | Direct |
| 2022-03-10 | Common Stock | F | 371 | $202.22 | Disposed | 42549 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-10 | Restricted Stock Unit | $0.0 | M | 4030 | Disposed | 2022-04-30 | Common Stock (4030.0) | Direct |
| 2022-03-10 | Restricted Stock Unit | $0.0 | M | 1021 | Disposed | 2022-04-30 | Common Stock (1021.0) | Direct |
| 2022-03-10 | Restricted Stock Unit | $0.0 | M | 5005 | Disposed | 2023-04-30 | Common Stock (5005.0) | Direct |
| 2022-03-10 | Restricted Stock Unit | $0.0 | M | 1321 | Disposed | 2023-04-30 | Common Stock (1321.0) | Direct |
| 2022-03-10 | Restricted Stock Unit | $0.0 | M | 5007 | Disposed | 2024-04-30 | Common Stock (5007.0) | Direct |
| 2022-03-10 | Restricted Stock Unit | $0.0 | M | 835 | Disposed | 2024-04-30 | Common Stock (835.0) | Direct |
Footnotes
F1: 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, 2022 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, 2022 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 2, 2020. One-third of the RSU vested and became distributable on March 10, 2022 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 2, 2020. One-third of the RSU vested and became distributable on March 10, 2022 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 9, 2021. One-third of the RSU vested and became distributable on March 10, 2022 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 9, 2021. One-third of the RSU vested and became distributable on March 10, 2022 and was converted to common stock on a one-for-one basis on the vesting date.