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KADANT INC — Director's Dealing 2024
Mar 12, 2024
31258_dirs_2024-03-12_e35953fb-09c5-402a-b754-3906c7924474.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: Powell Jeffrey L (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-10 | Common Stock | M | 5007 | — | Acquired | 56253 | Direct |
| 2024-03-10 | Common Stock | F | 2421 | $327 | Disposed | 53832 | Direct |
| 2024-03-10 | Common Stock | M | 834 | — | Acquired | 54666 | Direct |
| 2024-03-10 | Common Stock | F | 404 | $327 | Disposed | 54262 | Direct |
| 2024-03-10 | Common Stock | M | 2836 | — | Acquired | 57098 | Direct |
| 2024-03-10 | Common Stock | F | 1372 | $327 | Disposed | 55726 | Direct |
| 2024-03-10 | Common Stock | M | 627 | — | Acquired | 56353 | Direct |
| 2024-03-10 | Common Stock | F | 304 | $327 | Disposed | 56049 | Direct |
| 2024-03-10 | Common Stock | M | 4258 | — | Acquired | 60307 | Direct |
| 2024-03-10 | Common Stock | F | 2059 | $327 | Disposed | 58248 | Direct |
| 2024-03-10 | Common Stock | M | 813 | — | Acquired | 59061 | Direct |
| 2024-03-10 | Common Stock | F | 394 | $327 | Disposed | 58667 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-10 | Restricted Stock Unit | $0 | M | 5007 | Disposed | 2024-04-30 | Common Stock (5007) | Direct |
| 2024-03-10 | Restricted Stock Unit | $0 | M | 834 | Disposed | 2024-04-30 | Common Stock (834) | Direct |
| 2024-03-10 | Restricted Stock Unit | $0 | M | 2836 | Disposed | 2025-04-30 | Common Stock (2836) | Direct |
| 2024-03-10 | Restricted Stock Unit | $0 | M | 627 | Disposed | 2025-04-30 | Common Stock (627) | Direct |
| 2024-03-10 | Restricted Stock Unit | $0 | M | 4258 | Disposed | 2026-04-30 | Common Stock (4258) | Direct |
| 2024-03-10 | Restricted Stock Unit | $0 | M | 813 | Disposed | 2026-04-30 | Common Stock (813) | 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.