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KADANT INC — Director's Dealing 2023
Mar 10, 2023
31258_dirs_2023-03-10_dd31ecea-ab6c-4429-85c8-6e1e9b771cbc.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: KRAUSE STACY D. (SVP, GC and Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-10 | Common Stock | M | 945 | — | Acquired | 1725 | Direct |
| 2023-03-10 | Common Stock | F | 386 | $213.64 | Disposed | 1339 | Direct |
| 2023-03-10 | Common Stock | M | 249 | — | Acquired | 1588 | Direct |
| 2023-03-10 | Common Stock | F | 98 | $213.64 | Disposed | 1490 | Direct |
| 2023-03-10 | Common Stock | M | 945 | — | Acquired | 2435 | Direct |
| 2023-03-10 | Common Stock | F | 372 | $213.64 | Disposed | 2063 | Direct |
| 2023-03-10 | Common Stock | M | 158 | — | Acquired | 2221 | Direct |
| 2023-03-10 | Common Stock | F | 63 | $213.64 | Disposed | 2158 | Direct |
| 2023-03-10 | Common Stock | M | 629 | — | Acquired | 2787 | Direct |
| 2023-03-10 | Common Stock | F | 248 | $213.64 | Disposed | 2539 | Direct |
| 2023-03-10 | Common Stock | M | 139 | — | Acquired | 2678 | Direct |
| 2023-03-10 | Common Stock | F | 55 | $213.64 | Disposed | 2623 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 945 | Disposed | 2023-04-30 | Common Stock (945.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 249 | Disposed | 2023-04-30 | Common Stock (249.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 945 | Disposed | 2024-04-30 | Common Stock (945.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 158 | Disposed | 2024-04-30 | Common Stock (158.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 629 | Disposed | 2025-04-30 | Common Stock (629.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 139 | Disposed | 2025-04-30 | Common Stock (139.0) | 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.