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KADANT INC — Director's Dealing 2024
Mar 12, 2024
31258_dirs_2024-03-12_6fc28878-159a-46c7-a455-548b90996253.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: KRAUSE STACY D. (SVP, GC and Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-10 | Common Stock | M | 945 | — | Acquired | 945 | Direct |
| 2024-03-10 | Common Stock | F | 410 | $327 | Disposed | 535 | Direct |
| 2024-03-10 | Common Stock | M | 157 | — | Acquired | 692 | Direct |
| 2024-03-10 | Common Stock | F | 69 | $327 | Disposed | 623 | Direct |
| 2024-03-10 | Common Stock | M | 628 | — | Acquired | 1251 | Direct |
| 2024-03-10 | Common Stock | F | 273 | $327 | Disposed | 978 | Direct |
| 2024-03-10 | Common Stock | M | 139 | — | Acquired | 1117 | Direct |
| 2024-03-10 | Common Stock | F | 61 | $327 | Disposed | 1056 | Direct |
| 2024-03-10 | Common Stock | M | 779 | — | Acquired | 1835 | Direct |
| 2024-03-10 | Common Stock | F | 338 | $327 | Disposed | 1497 | Direct |
| 2024-03-10 | Common Stock | M | 149 | — | Acquired | 1646 | Direct |
| 2024-03-10 | Common Stock | F | 65 | $327 | Disposed | 1581 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-10 | Restricted Stock Unit | $0 | M | 945 | Disposed | 2024-04-30 | Common Stock (945) | Direct |
| 2024-03-10 | Restricted Stock Unit | $0 | M | 157 | Disposed | 2024-04-30 | Common Stock (157) | Direct |
| 2024-03-10 | Restricted Stock Unit | $0 | M | 628 | Disposed | 2025-04-30 | Common Stock (628) | Direct |
| 2024-03-10 | Restricted Stock Unit | $0 | M | 139 | Disposed | 2025-04-30 | Common Stock (139) | Direct |
| 2024-03-10 | Restricted Stock Unit | $0 | M | 779 | Disposed | 2026-04-30 | Common Stock (779) | Direct |
| 2024-03-10 | Restricted Stock Unit | $0 | M | 149 | Disposed | 2026-04-30 | Common Stock (149) | 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.