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KADANT INC — Director's Dealing 2023
Mar 10, 2023
31258_dirs_2023-03-10_77a9c32b-d317-43e8-b3f8-f0c0b55d686c.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: 2023-03-10
Reporting Person: Colwell Michael C. (Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-10 | Common Stock | M | 417 | — | Acquired | 3138 | Direct |
| 2023-03-10 | Common Stock | F | 148 | $213.64 | Disposed | 2990 | Direct |
| 2023-03-10 | Common Stock | M | 110 | — | Acquired | 3100 | Direct |
| 2023-03-10 | Common Stock | F | 39 | $213.64 | Disposed | 3061 | Direct |
| 2023-03-10 | Common Stock | M | 417 | — | Acquired | 3478 | Direct |
| 2023-03-10 | Common Stock | F | 148 | $213.64 | Disposed | 3330 | Direct |
| 2023-03-10 | Common Stock | M | 70 | — | Acquired | 3400 | Direct |
| 2023-03-10 | Common Stock | F | 25 | $213.64 | Disposed | 3375 | Direct |
| 2023-03-10 | Common Stock | M | 353 | — | Acquired | 3728 | Direct |
| 2023-03-10 | Common Stock | F | 125 | $213.64 | Disposed | 3603 | Direct |
| 2023-03-10 | Common Stock | M | 78 | — | Acquired | 3681 | Direct |
| 2023-03-10 | Common Stock | F | 28 | $213.64 | Disposed | 3653 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 417 | Disposed | 2023-04-30 | Common Stock (417.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 110 | Disposed | 2023-04-30 | Common Stock (110.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 417 | Disposed | 2024-04-30 | Common Stock (417.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 70 | Disposed | 2024-04-30 | Common Stock (70.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 353 | Disposed | 2025-04-30 | Common Stock (353.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 78 | Disposed | 2025-04-30 | Common Stock (78.0) | Direct |
Footnotes
F1: 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, 2023 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, 2023 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 9, 2021. One-third of the RSU vested and became distributable on March 10, 2023 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 9, 2021. One-third of the RSU vested and became distributable on March 10, 2023 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 8, 2022. One-third of the RSU vested and became distributable on March 10, 2023 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 8, 2022. One-third of the RSU vested and became distributable on March 10, 2023 and was converted to common stock on a one-for-one basis on the vesting date.