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KADANT INC — Director's Dealing 2023
Mar 10, 2023
31258_dirs_2023-03-10_e1432114-24dc-43cf-b85e-adcda741342e.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: MCKENNEY MICHAEL J (Executive Vice President & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-10 | Common Stock | M | 1488 | — | Acquired | 25599.009 | Direct |
| 2023-03-10 | Common Stock | F | 594 | $213.64 | Disposed | 25005.009 | Direct |
| 2023-03-10 | Common Stock | M | 392 | — | Acquired | 25397.009 | Direct |
| 2023-03-10 | Common Stock | F | 155 | $213.64 | Disposed | 25242.009 | Direct |
| 2023-03-10 | Common Stock | M | 1488 | — | Acquired | 26730.009 | Direct |
| 2023-03-10 | Common Stock | F | 586 | $213.64 | Disposed | 26144.009 | Direct |
| 2023-03-10 | Common Stock | M | 248 | — | Acquired | 26392.009 | Direct |
| 2023-03-10 | Common Stock | F | 98 | $213.64 | Disposed | 26294.009 | Direct |
| 2023-03-10 | Common Stock | M | 938 | — | Acquired | 27232.009 | Direct |
| 2023-03-10 | Common Stock | F | 370 | $213.64 | Disposed | 26862.009 | Direct |
| 2023-03-10 | Common Stock | M | 208 | — | Acquired | 27070.009 | Direct |
| 2023-03-10 | Common Stock | F | 82 | $213.64 | Disposed | 26988.009 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 1488 | Disposed | 2023-04-30 | Common Stock (1488.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 392 | Disposed | 2023-04-30 | Common Stock (392.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 1488 | Disposed | 2024-04-30 | Common Stock (1488.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 248 | Disposed | 2024-04-30 | Common Stock (248.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 938 | Disposed | 2025-04-30 | Common Stock (938.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 208 | Disposed | 2025-04-30 | Common Stock (208.0) | 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.