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KADANT INC Director's Dealing 2024

Mar 12, 2024

31258_dirs_2024-03-12_f6e4ce1e-d773-4a49-8491-f2ecf10ad7c4.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: 2024-03-10

Reporting Person: SELWOOD DEBORAH (Senior Vice President & CAO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-03-10 Common Stock M 417 Acquired 19308 Direct
2024-03-10 Common Stock F 123 $327 Disposed 19185 Direct
2024-03-10 Common Stock M 69 Acquired 19254 Direct
2024-03-10 Common Stock F 21 $327 Disposed 19233 Direct
2024-03-10 Common Stock M 253 Acquired 19486 Direct
2024-03-10 Common Stock F 75 $327 Disposed 19411 Direct
2024-03-10 Common Stock M 56 Acquired 19467 Direct
2024-03-10 Common Stock F 17 $327 Disposed 19450 Direct
2024-03-10 Common Stock M 304 Acquired 19754 Direct
2024-03-10 Common Stock F 90 $327 Disposed 19664 Direct
2024-03-10 Common Stock M 58 Acquired 19722 Direct
2024-03-10 Common Stock F 18 $327 Disposed 19704 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-03-10 Restricted Stock Unit $0 M 417 Disposed 2024-04-30 Common Stock (417) Direct
2024-03-10 Restricted Stock Unit $0 M 69 Disposed 2024-04-30 Common Stock (69) Direct
2024-03-10 Restricted Stock Unit $0 M 253 Disposed 2025-04-30 Common Stock (253) Direct
2024-03-10 Restricted Stock Unit $0 M 56 Disposed 2025-04-30 Common Stock (56) Direct
2024-03-10 Restricted Stock Unit $0 M 304 Disposed 2026-04-30 Common Stock (304) Direct
2024-03-10 Restricted Stock Unit $0 M 58 Disposed 2026-04-30 Common Stock (58) Direct

Footnotes

F1: 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, 2024 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, 2024 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, 2024 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, 2024 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 7, 2023. One-third of the RSU vested and became distributable on March 10, 2024 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 7, 2023. One-third of the RSU vested and became distributable on March 10, 2024 and was converted to common stock on a one-for-one basis on the vesting date.