AI assistant
KADANT INC — Director's Dealing 2022
Mar 11, 2022
31258_dirs_2022-03-11_dc60d32e-81b1-48c8-a320-bfd30aa330d2.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2022-03-10
Reporting Person: KRAUSE STACY D. (SVP, GC and Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-10 | Common Stock | M | 647 | — | Acquired | 647 | Direct |
| 2022-03-10 | Common Stock | F | 190 | $202.22 | Disposed | 457 | Direct |
| 2022-03-10 | Common Stock | M | 164 | — | Acquired | 621 | Direct |
| 2022-03-10 | Common Stock | F | 49 | $202.22 | Disposed | 572 | Direct |
| 2022-03-10 | Common Stock | M | 945 | — | Acquired | 1517 | Direct |
| 2022-03-10 | Common Stock | F | 278 | $202.22 | Disposed | 1239 | Direct |
| 2022-03-10 | Common Stock | M | 250 | — | Acquired | 1489 | Direct |
| 2022-03-10 | Common Stock | F | 74 | $202.22 | Disposed | 1415 | Direct |
| 2022-03-10 | Common Stock | M | 947 | — | Acquired | 2362 | Direct |
| 2022-03-10 | Common Stock | F | 278 | $202.22 | Disposed | 2084 | Direct |
| 2022-03-10 | Common Stock | M | 158 | — | Acquired | 2242 | Direct |
| 2022-03-10 | Common Stock | F | 47 | $202.22 | Disposed | 2195 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-10 | Restricted Stock Unit | $0.0 | M | 647 | Disposed | 2022-04-30 | Common Stock (647.0) | Direct |
| 2022-03-10 | Restricted Stock Unit | $0.0 | M | 164 | Disposed | 2022-04-30 | Common Stock (164.0) | Direct |
| 2022-03-10 | Restricted Stock Unit | $0.0 | M | 945 | Disposed | 2023-04-30 | Common Stock (945.0) | Direct |
| 2022-03-10 | Restricted Stock Unit | $0.0 | M | 250 | Disposed | 2023-04-30 | Common Stock (250.0) | Direct |
| 2022-03-10 | Restricted Stock Unit | $0.0 | M | 947 | Disposed | 2024-04-30 | Common Stock (947.0) | Direct |
| 2022-03-10 | Restricted Stock Unit | $0.0 | M | 158 | Disposed | 2024-04-30 | Common Stock (158.0) | 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.