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KADANT INC — Director's Dealing 2022
Mar 11, 2022
31258_dirs_2022-03-11_25721032-bdd3-4bb1-81e7-b6a876e10760.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: MCKENNEY MICHAEL J (Executive Vice President & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-10 | Common Stock | M | 1343 | — | Acquired | 22141.009 | Direct |
| 2022-03-10 | Common Stock | F | 596 | $202.22 | Disposed | 21545.009 | Direct |
| 2022-03-10 | Common Stock | M | 340 | — | Acquired | 21885.009 | Direct |
| 2022-03-10 | Common Stock | F | 151 | $202.22 | Disposed | 21734.009 | Direct |
| 2022-03-10 | Common Stock | M | 1488 | — | Acquired | 23222.009 | Direct |
| 2022-03-10 | Common Stock | F | 437 | $202.22 | Disposed | 22785.009 | Direct |
| 2022-03-10 | Common Stock | M | 393 | — | Acquired | 23178.009 | Direct |
| 2022-03-10 | Common Stock | F | 175 | $202.22 | Disposed | 23003.009 | Direct |
| 2022-03-10 | Common Stock | M | 1488 | — | Acquired | 24491.009 | Direct |
| 2022-03-10 | Common Stock | F | 626 | $202.22 | Disposed | 23865.009 | Direct |
| 2022-03-10 | Common Stock | M | 248 | — | Acquired | 24113.009 | Direct |
| 2022-03-10 | Common Stock | F | 110 | $202.22 | Disposed | 24003.009 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-10 | Restricted Stock Unit | $0.0 | M | 1343 | Disposed | 2022-04-30 | Common Stock (1343.0) | Direct |
| 2022-03-10 | Restricted Stock Unit | $0.0 | M | 340 | Disposed | 2022-04-30 | Common Stock (340.0) | Direct |
| 2022-03-10 | Restricted Stock Unit | $0.0 | M | 1488 | Disposed | 2023-04-30 | Common Stock (1488.0) | Direct |
| 2022-03-10 | Restricted Stock Unit | $0.0 | M | 393 | Disposed | 2023-04-30 | Common Stock (393.0) | Direct |
| 2022-03-10 | Restricted Stock Unit | $0.0 | M | 1488 | Disposed | 2024-04-30 | Common Stock (1488.0) | Direct |
| 2022-03-10 | Restricted Stock Unit | $0.0 | M | 248 | Disposed | 2024-04-30 | Common Stock (248.0) | 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.