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KADANT INC — Director's Dealing 2023
Mar 10, 2023
31258_dirs_2023-03-10_fce8d709-d292-4719-b1bd-d7d1d1bdef07.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: Blanchard Thomas Andrew (Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-10 | Common Stock | M | 209 | — | Acquired | 1055 | Direct |
| 2023-03-10 | Common Stock | F | 64 | $213.64 | Disposed | 991 | Direct |
| 2023-03-10 | Common Stock | M | 129 | — | Acquired | 1120 | Direct |
| 2023-03-10 | Common Stock | F | 40 | $213.64 | Disposed | 1080 | Direct |
| 2023-03-10 | Common Stock | M | 261 | — | Acquired | 1341 | Direct |
| 2023-03-10 | Common Stock | F | 80 | $213.64 | Disposed | 1261 | Direct |
| 2023-03-10 | Common Stock | M | 58 | — | Acquired | 1319 | Direct |
| 2023-03-10 | Common Stock | F | 18 | $213.64 | Disposed | 1301 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 209 | Disposed | 2023-04-30 | Common Stock (209.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 129 | Disposed | 2024-04-30 | Common Stock (129.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 261 | Disposed | 2025-04-30 | Common Stock (261.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 58 | Disposed | 2025-04-30 | Common Stock (58.0) | Direct |
Footnotes
F1: 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.
F2: 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.
F3: 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.
F4: 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.