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KADANT INC — Director's Dealing 2023
Mar 10, 2023
31258_dirs_2023-03-10_30e4f432-bf68-4ce7-8153-74889cc7d358.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: Powell Jeffrey L (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-10 | Common Stock | M | 5005 | — | Acquired | 47554 | Direct |
| 2023-03-10 | Common Stock | F | 2220 | $213.64 | Disposed | 45334 | Direct |
| 2023-03-10 | Common Stock | M | 1321 | — | Acquired | 46655 | Direct |
| 2023-03-10 | Common Stock | F | 586 | $213.64 | Disposed | 46069 | Direct |
| 2023-03-10 | Common Stock | M | 5007 | — | Acquired | 51076 | Direct |
| 2023-03-10 | Common Stock | F | 2221 | $213.64 | Disposed | 48855 | Direct |
| 2023-03-10 | Common Stock | M | 834 | — | Acquired | 49689 | Direct |
| 2023-03-10 | Common Stock | F | 370 | $213.64 | Disposed | 49319 | Direct |
| 2023-03-10 | Common Stock | M | 2836 | — | Acquired | 52155 | Direct |
| 2023-03-10 | Common Stock | F | 1258 | $213.64 | Disposed | 50897 | Direct |
| 2023-03-10 | Common Stock | M | 628 | — | Acquired | 51525 | Direct |
| 2023-03-10 | Common Stock | F | 279 | $213.64 | Disposed | 51246 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 5005 | Disposed | 2023-04-30 | Common Stock (5005.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 1321 | Disposed | 2023-04-30 | Common Stock (1321.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 5007 | Disposed | 2024-04-30 | Common Stock (5007.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 834 | Disposed | 2024-04-30 | Common Stock (834.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 2836 | Disposed | 2025-04-30 | Common Stock (2836.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 628 | Disposed | 2025-04-30 | Common Stock (628.0) | 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.