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KADANT INC — Director's Dealing 2022
Mar 11, 2022
31258_dirs_2022-03-11_8454b9c5-9c7f-4df4-997f-2fbbb14803aa.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: Flynn Peter J. (Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-10 | Common Stock | M | 283 | — | Acquired | 2757.584 | Direct |
| 2022-03-10 | Common Stock | F | 84 | $202.22 | Disposed | 2673.584 | Direct |
| 2022-03-10 | Common Stock | M | 556 | — | Acquired | 3229.584 | Direct |
| 2022-03-10 | Common Stock | F | 164 | $202.22 | Disposed | 3065.584 | Direct |
| 2022-03-10 | Common Stock | M | 147 | — | Acquired | 3212.584 | Direct |
| 2022-03-10 | Common Stock | F | 44 | $202.22 | Disposed | 3168.584 | Direct |
| 2022-03-10 | Common Stock | M | 557 | — | Acquired | 3725.584 | Direct |
| 2022-03-10 | Common Stock | F | 164 | $202.22 | Disposed | 3561.584 | Direct |
| 2022-03-10 | Common Stock | M | 93 | — | Acquired | 3654.584 | Direct |
| 2022-03-10 | Common Stock | F | 28 | $202.22 | Disposed | 3626.584 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-10 | Restricted Stock Unit | $0.0 | M | 283 | Disposed | 2022-04-30 | Common Stock (283.0) | Direct |
| 2022-03-10 | Restricted Stock Unit | $0.0 | M | 556 | Disposed | 2023-04-30 | Common Stock (556.0) | Direct |
| 2022-03-10 | Restricted Stock Unit | $0.0 | M | 147 | Disposed | 2024-04-30 | Common Stock (147.0) | Direct |
| 2022-03-10 | Restricted Stock Unit | $0.0 | M | 557 | Disposed | 2023-04-30 | Common Stock (557.0) | Direct |
| 2022-03-10 | Restricted Stock Unit | $0.0 | M | 93 | Disposed | 2024-04-30 | Common Stock (93.0) | 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, 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 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.
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, 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 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.
F5: 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.