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KADANT INC — Director's Dealing 2022
Mar 11, 2022
31258_dirs_2022-03-11_30353754-0fad-4956-953a-b24d84fe5b27.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: Blanchard Thomas Andrew (Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-10 | Common Stock | M | 215 | — | Acquired | 667 | Direct |
| 2022-03-10 | Common Stock | F | 62 | $202.22 | Disposed | 605 | Direct |
| 2022-03-10 | Common Stock | M | 209 | — | Acquired | 814 | Direct |
| 2022-03-10 | Common Stock | F | 60 | $202.22 | Disposed | 754 | Direct |
| 2022-03-10 | Common Stock | M | 129 | — | Acquired | 883 | Direct |
| 2022-03-10 | Common Stock | F | 37 | $202.22 | Disposed | 846 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-10 | Restricted Stock Unit | $0.0 | M | 215 | Disposed | 2022-04-30 | Common Stock (215.0) | Direct |
| 2022-03-10 | Restricted Stock Unit | $0.0 | M | 209 | Disposed | 2023-04-30 | Common Stock (209.0) | Direct |
| 2022-03-10 | Restricted Stock Unit | $0.0 | M | 129 | Disposed | 2024-04-30 | Common Stock (129.0) | 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 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.
F3: 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.