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KADANT INC — Director's Dealing 2023
Mar 10, 2023
31258_dirs_2023-03-10_296d7da4-52bb-4f39-910a-9b4453fffa6a.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: SELWOOD DEBORAH (Senior Vice President & CAO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-10 | Common Stock | M | 417 | — | Acquired | 18237 | Direct |
| 2023-03-10 | Common Stock | F | 123 | $213.64 | Disposed | 18114 | Direct |
| 2023-03-10 | Common Stock | M | 110 | — | Acquired | 18224 | Direct |
| 2023-03-10 | Common Stock | F | 33 | $213.64 | Disposed | 18191 | Direct |
| 2023-03-10 | Common Stock | M | 417 | — | Acquired | 18608 | Direct |
| 2023-03-10 | Common Stock | F | 123 | $213.64 | Disposed | 18485 | Direct |
| 2023-03-10 | Common Stock | M | 70 | — | Acquired | 18555 | Direct |
| 2023-03-10 | Common Stock | F | 21 | $213.64 | Disposed | 18534 | Direct |
| 2023-03-10 | Common Stock | M | 253 | — | Acquired | 18787 | Direct |
| 2023-03-10 | Common Stock | F | 75 | $213.64 | Disposed | 18712 | Direct |
| 2023-03-10 | Common Stock | M | 56 | — | Acquired | 18768 | Direct |
| 2023-03-10 | Common Stock | F | 17 | $213.64 | Disposed | 18751 | 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 | 253 | Disposed | 2025-04-30 | Common Stock (253.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 56 | Disposed | 2025-04-30 | Common Stock (56.0) | 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.