Dara F. Mitchell - 10 Mar 2022 Form 4 Insider Report for KADANT INC (KAI)

Role
Senior VP, Corp. Development
Signature
/s/ Stacy D. Krause, by power of attorney
Issuer symbol
KAI
Transactions as of
10 Mar 2022
Net transactions value
-$125,579
Form type
4
Filing time
11 Mar 2022, 08:05:40 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 +597 +35% 2,314 10 Mar 2022 Direct F1
transaction KAI Common Stock Tax liability $35,591 -176 -7.6% $202.22 2,138 10 Mar 2022 Direct
transaction KAI Common Stock Options Exercise +151 +7.1% 2,289 10 Mar 2022 Direct F2
transaction KAI Common Stock Tax liability $9,100 -45 -2% $202.22 2,244 10 Mar 2022 Direct
transaction KAI Common Stock Options Exercise +556 +25% 2,800 10 Mar 2022 Direct F3
transaction KAI Common Stock Tax liability $33,164 -164 -5.9% $202.22 2,636 10 Mar 2022 Direct
transaction KAI Common Stock Options Exercise +147 +5.6% 2,783 10 Mar 2022 Direct F4
transaction KAI Common Stock Tax liability $8,898 -44 -1.6% $202.22 2,739 10 Mar 2022 Direct
transaction KAI Common Stock Options Exercise +557 +20% 3,296 10 Mar 2022 Direct F5
transaction KAI Common Stock Tax liability $33,164 -164 -5% $202.22 3,132 10 Mar 2022 Direct
transaction KAI Common Stock Options Exercise +93 +3% 3,225 10 Mar 2022 Direct F6
transaction KAI Common Stock Tax liability $5,662 -28 -0.87% $202.22 3,197 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 -597 -100% $0.000000* 0 10 Mar 2022 Common Stock 597 $0.000000 Direct F1
transaction KAI Restricted Stock Unit Options Exercise $0 -151 -100% $0.000000* 0 10 Mar 2022 Common Stock 151 $0.000000 Direct F2
transaction KAI Restricted Stock Unit Options Exercise $0 -556 -50% $0.000000 556 10 Mar 2022 Common Stock 556 $0.000000 Direct F3
transaction KAI Restricted Stock Unit Options Exercise $0 -147 -50% $0.000000 146 10 Mar 2022 Common Stock 147 $0.000000 Direct F4
transaction KAI Restricted Stock Unit Options Exercise $0 -557 -33% $0.000000 1,114 10 Mar 2022 Common Stock 557 $0.000000 Direct F5
transaction KAI Restricted Stock Unit Options Exercise $0 -93 -33% $0.000000 185 10 Mar 2022 Common Stock 93 $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.