Thomas Andrew Blanchard - 01 Nov 2021 Form 3 Insider Report for KADANT INC (KAI)

Role
Vice President
Signature
/s/ Stacy D. Krause, by power of attorney
Issuer symbol
KAI
Transactions as of
01 Nov 2021
Net transactions value
$0
Form type
3
Filing time
08 Nov 2021, 08:16:44 UTC
Next filing
08 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KAI Common Stock 452 01 Nov 2021 Direct

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
holding KAI Restricted Stock Unit 01 Nov 2021 Common Stock 215 $0.000000 Direct F1
holding KAI Restricted Stock Unit 01 Nov 2021 Common Stock 418 $0.000000 Direct F2
holding KAI Restricted Stock Unit 01 Nov 2021 Common Stock 386 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's common stock. The RSU vests and is distributable on March 10, 2022, provided the reporting person is employed by the Issuer on the vesting date.
F2 Each RSU represents the right to receive one share of the Issuer's common stock. The RSU vests and is distributable in two equal installations beginning on March 10, 2022, provided the reporting person is employed by the Issuer on the vesting date.
F3 Each RSU represents the right to receive one share of the Issuer's common stock. The RSU vests and is distributable in three equal installations beginning on March 10, 2022, provided the reporting person is employed by the Issuer on the vesting date.

Remarks:

Exhibit 24 - Power of Attorney