Stacy D. Krause - 10 Mar 2022 Form 4 Insider Report for KADANT INC (KAI)

Role
SVP, GC and Secretary
Signature
/s/ Stacy D. Krause
Issuer symbol
KAI
Transactions as of
10 Mar 2022
Net transactions value
-$185,234
Form type
4
Filing time
11 Mar 2022, 07:59:52 UTC
Previous filing
08 Mar 2022
Next filing
22 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 Options Exercise +647 647 10 Mar 2022 Direct F1
transaction KAI Common Stock Tax liability $38,422 -190 -29% $202.22 457 10 Mar 2022 Direct
transaction KAI Common Stock Options Exercise +164 +36% 621 10 Mar 2022 Direct F2
transaction KAI Common Stock Tax liability $9,909 -49 -7.9% $202.22 572 10 Mar 2022 Direct
transaction KAI Common Stock Options Exercise +945 +165% 1,517 10 Mar 2022 Direct F3
transaction KAI Common Stock Tax liability $56,217 -278 -18% $202.22 1,239 10 Mar 2022 Direct
transaction KAI Common Stock Options Exercise +250 +20% 1,489 10 Mar 2022 Direct F4
transaction KAI Common Stock Tax liability $14,964 -74 -5% $202.22 1,415 10 Mar 2022 Direct
transaction KAI Common Stock Options Exercise +947 +67% 2,362 10 Mar 2022 Direct F5
transaction KAI Common Stock Tax liability $56,217 -278 -12% $202.22 2,084 10 Mar 2022 Direct
transaction KAI Common Stock Options Exercise +158 +7.6% 2,242 10 Mar 2022 Direct F6
transaction KAI Common Stock Tax liability $9,504 -47 -2.1% $202.22 2,195 10 Mar 2022 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
transaction KAI Restricted Stock Unit Options Exercise $0 -647 -100% $0.000000* 0 10 Mar 2022 Common Stock 647 $0.000000 Direct F1
transaction KAI Restricted Stock Unit Options Exercise $0 -164 -100% $0.000000* 0 10 Mar 2022 Common Stock 164 $0.000000 Direct F2
transaction KAI Restricted Stock Unit Options Exercise $0 -945 -50% $0.000000 945 10 Mar 2022 Common Stock 945 $0.000000 Direct F3
transaction KAI Restricted Stock Unit Options Exercise $0 -250 -50% $0.000000 249 10 Mar 2022 Common Stock 250 $0.000000 Direct F4
transaction KAI Restricted Stock Unit Options Exercise $0 -947 -33% $0.000000 1,890 10 Mar 2022 Common Stock 947 $0.000000 Direct F5
transaction KAI Restricted Stock Unit Options Exercise $0 -158 -33% $0.000000 315 10 Mar 2022 Common Stock 158 $0.000000 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares represent the partial settlement under a performance-based RSU award granted March 4, 2019. One-third of the RSU vested and became distributable on March 10, 2022 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 time-based RSU award granted March 4, 2019. One-third of the RSU vested and became distributable on March 10, 2022 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 performance-based RSU award granted March 2, 2020. One-third of the RSU vested and became distributable on March 10, 2022 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 time-based RSU award granted March 2, 2020. One-third of the RSU vested and became distributable on March 10, 2022 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 performance-based RSU award granted March 9, 2021. One-third of the RSU vested and became distributable on March 10, 2022 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 time-based RSU award granted March 9, 2021. One-third of the RSU vested and became distributable on March 10, 2022 and was converted to common stock on a one-for-one basis on the vesting date.