Langevin Eric T. - 15 Nov 2021 Form 4 Insider Report for KADANT INC (KAI)

Role: Executive Vice President & COO
Signature: /s/ Stacy D. Krause, by power of attorney
Issuer symbol: KAI
Transactions as of: 15 Nov 2021
Net transactions value: -$5,542,332
Form type: 4
Filing time: 17 Nov 2021, 15:13:04 UTC
Next filing: 11 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KAI	Common Stock	Sale	$720,092	-3,300	-6.2%	$218.21	50,177	15 Nov 2021	Direct	F1, F2
transaction	KAI	Common Stock	Sale	$691,796	-3,156	-6.3%	$219.20	47,021	15 Nov 2021	Direct	F1, F3
transaction	KAI	Common Stock	Sale	$776,342	-3,525	-7.5%	$220.24	43,496	15 Nov 2021	Direct	F1, F4
transaction	KAI	Common Stock	Sale	$248,514	-1,123	-2.6%	$221.29	42,373	15 Nov 2021	Direct	F1, F5
transaction	KAI	Common Stock	Sale	$885,900	-3,986	-9.4%	$222.25	38,387	15 Nov 2021	Direct	F1, F6
transaction	KAI	Common Stock	Sale	$1,338,737	-6,000	-16%	$223.12	32,387	15 Nov 2021	Direct	F1, F7
transaction	KAI	Common Stock	Sale	$335,418	-1,496	-4.6%	$224.21	30,891	15 Nov 2021	Direct	F1, F8
transaction	KAI	Common Stock	Sale	$423,480	-1,877	-6.1%	$225.62	29,014	15 Nov 2021	Direct	F1, F9
transaction	KAI	Common Stock	Sale	$30,781	-136	-0.47%	$226.33	28,878	15 Nov 2021	Direct	F1, F10
transaction	KAI	Common Stock	Sale	$91,043	-400	-1.4%	$227.61	28,478	15 Nov 2021	Direct	F1, F11
transaction	KAI	Common Stock	Sale	$229	-1	-0%	$228.71	28,477	15 Nov 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The transactions reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted September 9, 2021.
F2	Represents the weighted average sale price. The actual sales prices range from $217.71 to $218.71 per share. The reporting person will supply the SEC, the Issuer, or a security holder of the Issuer, with full information regarding the number of shares at each price upon request.
F3	Represents the weighted average sale price. The actual sales prices range from $218.72 to $219.72 per share. The reporting person will supply the SEC, the Issuer, or a security holder of the Issuer, with full information regarding the number of shares at each price upon request.
F4	Represents the weighted average sale price. The actual sales prices range from $219.76 to $220.75 per share. The reporting person will supply the SEC, the Issuer, or a security holder of the Issuer, with full information regarding the number of shares at each price upon request.
F5	Represents the weighted average sale price. The actual sales prices range from $220.80 to $221.80 per share. The reporting person will supply the SEC, the Issuer, or a security holder of the Issuer, with full information regarding the number of shares at each price upon request.
F6	Represents the weighted average sale price. The actual sales prices range from $221.81 to $222.81 per share. The reporting person will supply the SEC, the Issuer, or a security holder of the Issuer, with full information regarding the number of shares at each price upon request.
F7	Represents the weighted average sale price. The actual sales prices range from $222.82 to $223.81 per share. The reporting person will supply the SEC, the Issuer, or a security holder of the Issuer, with full information regarding the number of shares at each price upon request.
F8	Represents the weighted average sale price. The actual sales prices range from $223.88 to $224.77 per share. The reporting person will supply the SEC, the Issuer, or a security holder of the Issuer, with full information regarding the number of shares at each price upon request.
F9	Represents the weighted average sale price. The actual sales prices range from $225.21 to $226.19 per share. The reporting person will supply the SEC, the Issuer, or a security holder of the Issuer, with full information regarding the number of shares at each price upon request.
F10	Represents the weighted average sale price. The actual sales prices range from $226.28 to $226.74 per share. The reporting person will supply the SEC, the Issuer, or a security holder of the Issuer, with full information regarding the number of shares at each price upon request.
F11	Represents the weighted average sale price. The actual sales prices range from $227.46 to $227.82 per share. The reporting person will supply the SEC, the Issuer, or a security holder of the Issuer, with full information regarding the number of shares at each price upon request.