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KADANT INC — Director's Dealing 2024
Mar 12, 2024
31258_dirs_2024-03-12_f4475cd8-9e53-4121-9bb5-a9770053fe83.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: Flynn Peter J. (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-10 | Common Stock | M | 557 | — | Acquired | 4044.584 | Direct |
| 2024-03-10 | Common Stock | F | 156 | $327 | Disposed | 3888.584 | Direct |
| 2024-03-10 | Common Stock | M | 92 | — | Acquired | 3980.584 | Direct |
| 2024-03-10 | Common Stock | F | 26 | $327 | Disposed | 3954.584 | Direct |
| 2024-03-10 | Common Stock | M | 128 | — | Acquired | 4082.584 | Direct |
| 2024-03-10 | Common Stock | F | 36 | $327 | Disposed | 4046.584 | Direct |
| 2024-03-10 | Common Stock | M | 28 | — | Acquired | 4074.584 | Direct |
| 2024-03-10 | Common Stock | F | 8 | $327 | Disposed | 4066.584 | Direct |
| 2024-03-10 | Common Stock | M | 164 | — | Acquired | 4230.584 | Direct |
| 2024-03-10 | Common Stock | F | 46 | $327 | Disposed | 4184.584 | Direct |
| 2024-03-10 | Common Stock | M | 31 | — | Acquired | 4215.584 | Direct |
| 2024-03-10 | Common Stock | F | 9 | $327 | Disposed | 4206.584 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-10 | Restricted Stock Unit | $0 | M | 557 | Disposed | 2024-04-30 | Common Stock (557) | Direct |
| 2024-03-10 | Restricted Stock Unit | $0 | M | 92 | Disposed | 2024-04-30 | Common Stock (92) | Direct |
| 2024-03-10 | Restricted Stock Unit | $0 | M | 128 | Disposed | 2025-04-30 | Common Stock (128) | Direct |
| 2024-03-10 | Restricted Stock Unit | $0 | M | 28 | Disposed | 2025-04-30 | Common Stock (28) | Direct |
| 2024-03-10 | Restricted Stock Unit | $0 | M | 164 | Disposed | 2026-04-30 | Common Stock (164) | Direct |
| 2024-03-10 | Restricted Stock Unit | $0 | M | 31 | Disposed | 2026-04-30 | Common Stock (31) | 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: Includes 107 shares acquired in an exempt transaction pursuant to the Issuer's Employees' Stock Purchse Plan on December 31, 2023.
F3: 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.
F4: 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.
F5: 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.
F6: 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.
F7: 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.