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

Role
Senior VP, Corp. Development
Signature
/s/ Stacy D. Krause, by power of attorney
Stock symbol
KAI
Transactions as of
Mar 10, 2022
Transactions value $
-$125,579
Form type
4
Date filed
3/11/2022, 08:05 AM
Previous filing
Mar 8, 2022
Next filing
Mar 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KAI Common Stock Options Exercise +597 +34.77% 2.31K Mar 10, 2022 Direct F1
transaction KAI Common Stock Tax liability -$35.6K -176 -7.61% $202.22 2.14K Mar 10, 2022 Direct
transaction KAI Common Stock Options Exercise +151 +7.06% 2.29K Mar 10, 2022 Direct F2
transaction KAI Common Stock Tax liability -$9.1K -45 -1.97% $202.22 2.24K Mar 10, 2022 Direct
transaction KAI Common Stock Options Exercise +556 +24.78% 2.8K Mar 10, 2022 Direct F3
transaction KAI Common Stock Tax liability -$33.2K -164 -5.86% $202.22 2.64K Mar 10, 2022 Direct
transaction KAI Common Stock Options Exercise +147 +5.58% 2.78K Mar 10, 2022 Direct F4
transaction KAI Common Stock Tax liability -$8.9K -44 -1.58% $202.22 2.74K Mar 10, 2022 Direct
transaction KAI Common Stock Options Exercise +557 +20.34% 3.3K Mar 10, 2022 Direct F5
transaction KAI Common Stock Tax liability -$33.2K -164 -4.98% $202.22 3.13K Mar 10, 2022 Direct
transaction KAI Common Stock Options Exercise +93 +2.97% 3.23K Mar 10, 2022 Direct F6
transaction KAI Common Stock Tax liability -$5.66K -28 -0.87% $202.22 3.2K Mar 10, 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% $0.00* 0 Mar 10, 2022 Common Stock 597 $0.00 Direct F1
transaction KAI Restricted Stock Unit Options Exercise $0 -151 -100% $0.00* 0 Mar 10, 2022 Common Stock 151 $0.00 Direct F2
transaction KAI Restricted Stock Unit Options Exercise $0 -556 -50% $0.00 556 Mar 10, 2022 Common Stock 556 $0.00 Direct F3
transaction KAI Restricted Stock Unit Options Exercise $0 -147 -50.17% $0.00 146 Mar 10, 2022 Common Stock 147 $0.00 Direct F4
transaction KAI Restricted Stock Unit Options Exercise $0 -557 -33.33% $0.00 1.11K Mar 10, 2022 Common Stock 557 $0.00 Direct F5
transaction KAI Restricted Stock Unit Options Exercise $0 -93 -33.45% $0.00 185 Mar 10, 2022 Common Stock 93 $0.00 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.