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KADANT INC — Director's Dealing 2023
Mar 10, 2023
31258_dirs_2023-03-10_e59ce5c2-7086-4dd1-bc1e-43585418b445.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: Flynn Peter J. (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-10 | Common Stock | M | 556 | — | Acquired | 4284.584 | Direct |
| 2023-03-10 | Common Stock | F | 155 | $213.64 | Disposed | 4129.584 | Direct |
| 2023-03-10 | Common Stock | M | 146 | — | Acquired | 4275.584 | Direct |
| 2023-03-10 | Common Stock | F | 41 | $213.64 | Disposed | 4234.584 | Direct |
| 2023-03-10 | Common Stock | M | 557 | — | Acquired | 4791.584 | Direct |
| 2023-03-10 | Common Stock | F | 156 | $213.64 | Disposed | 4635.584 | Direct |
| 2023-03-10 | Common Stock | M | 93 | — | Acquired | 4728.584 | Direct |
| 2023-03-10 | Common Stock | F | 26 | $213.64 | Disposed | 4702.584 | Direct |
| 2023-03-10 | Common Stock | M | 128 | — | Acquired | 4830.584 | Direct |
| 2023-03-10 | Common Stock | F | 36 | $213.64 | Disposed | 4794.584 | Direct |
| 2023-03-10 | Common Stock | M | 28 | — | Acquired | 4822.584 | Direct |
| 2023-03-10 | Common Stock | F | 8 | $213.64 | Disposed | 4814.584 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 556 | Disposed | 2023-04-30 | Common Stock (556.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 146 | Disposed | 2023-04-30 | Common Stock (146.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 557 | Disposed | 2024-04-30 | Common Stock (557.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 93 | Disposed | 2024-04-30 | Common Stock (93.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 128 | Disposed | 2025-04-30 | Common Stock (128.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 28 | Disposed | 2025-04-30 | Common Stock (28.0) | 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.