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KADANT INC — Director's Dealing 2024
Mar 12, 2024
31258_dirs_2024-03-12_86f999b7-dc15-459c-b469-a31c93a774c8.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: Blanchard Thomas Andrew (Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-10 | Common Stock | M | 128 | — | Acquired | 800 | Direct |
| 2024-03-10 | Common Stock | F | 40 | $327 | Disposed | 760 | Direct |
| 2024-03-10 | Common Stock | M | 261 | — | Acquired | 1021 | Direct |
| 2024-03-10 | Common Stock | F | 80 | $327 | Disposed | 941 | Direct |
| 2024-03-10 | Common Stock | M | 58 | — | Acquired | 999 | Direct |
| 2024-03-10 | Common Stock | F | 18 | $327 | Disposed | 981 | Direct |
| 2024-03-10 | Common Stock | M | 411 | — | Acquired | 1392 | Direct |
| 2024-03-10 | Common Stock | F | 126 | $327 | Disposed | 1266 | Direct |
| 2024-03-10 | Common Stock | M | 79 | — | Acquired | 1345 | Direct |
| 2024-03-10 | Common Stock | F | 25 | $327 | Disposed | 1320 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-10 | Restricted Stock Unit | $0 | M | 128 | Disposed | 2024-04-30 | Common Stock (128) | Direct |
| 2024-03-10 | Restricted Stock Unit | $0 | M | 261 | Disposed | 2025-04-30 | Common Stock (261) | Direct |
| 2024-03-10 | Restricted Stock Unit | $0 | M | 58 | Disposed | 2025-04-30 | Common Stock (58) | Direct |
| 2024-03-10 | Restricted Stock Unit | $0 | M | 411 | Disposed | 2026-04-30 | Common Stock (411) | Direct |
| 2024-03-10 | Restricted Stock Unit | $0 | M | 79 | Disposed | 2026-04-30 | Common Stock (79) | Direct |
Footnotes
F1: 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.
F2: 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.
F3: 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.
F4: 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.
F5: 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.