THOMAS C. LEONARD - 02 Oct 2021 Form 4 Insider Report for KADANT INC (KAI)

Role
Director
Signature
/s/ Stacy D. Krause, by power of attorney
Issuer symbol
KAI
Transactions as of
02 Oct 2021
Transactions value $
$0
Form type
4
Filing time
04 Oct 2021, 16:29:23 UTC
Previous filing
01 Jun 2021
Next filing
21 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KAI Common Stock Options Exercise +252 +2.3% 11.2K 02 Oct 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KAI Restricted Stock Unit Options Exercise $0 -252 -50% $0.00 252 02 Oct 2021 Common Stock 252 $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents partial vesting of a restricted stock unit award on October 2, 2021 and delivery of shares to the reporting person pursuant to the terms of a restricted stock unit award agreement dated May 19, 2021. The remainder of the shares vest on the last day of the Issuer's fourth quarter of fiscal 2021 provided the recipient continues to serve as a director of the Issuer.