Michael C. Colwell - Mar 10, 2022 Form 4 Insider Report for KADANT INC (KAI)

Role
Vice President
Signature
/s/ Stacy D. Krause, by power of attorney
Stock symbol
KAI
Transactions as of
Mar 10, 2022
Transactions value $
-$69,159
Form type
4
Date filed
3/11/2022, 08:09 AM
Previous filing
Mar 8, 2022
Next filing
Mar 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KAI Common Stock Options Exercise +378 +22.62% 2.05K Mar 10, 2022 Direct F1
transaction KAI Common Stock Tax liability -$18.8K -93 -4.54% $202.22 1.96K Mar 10, 2022 Direct
transaction KAI Common Stock Options Exercise +417 +21.32% 2.37K Mar 10, 2022 Direct F2
transaction KAI Common Stock Tax liability -$20.6K -102 -4.3% $202.22 2.27K Mar 10, 2022 Direct
transaction KAI Common Stock Options Exercise +110 +4.84% 2.38K Mar 10, 2022 Direct F3
transaction KAI Common Stock Tax liability -$5.46K -27 -1.13% $202.22 2.35K Mar 10, 2022 Direct
transaction KAI Common Stock Options Exercise +417 +17.71% 2.77K Mar 10, 2022 Direct F4
transaction KAI Common Stock Tax liability -$20.6K -102 -3.68% $202.22 2.67K Mar 10, 2022 Direct
transaction KAI Common Stock Options Exercise +70 +2.62% 2.74K Mar 10, 2022 Direct F5
transaction KAI Common Stock Tax liability -$3.64K -18 -0.66% $202.22 2.72K 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 -378 -100% $0.00* 0 Mar 10, 2022 Common Stock 378 $0.00 Direct F1
transaction KAI Restricted Stock Unit Options Exercise $0 -417 -50% $0.00 417 Mar 10, 2022 Common Stock 417 $0.00 Direct F2
transaction KAI Restricted Stock Unit Options Exercise $0 -110 -50% $0.00 110 Mar 10, 2022 Common Stock 110 $0.00 Direct F3
transaction KAI Restricted Stock Unit Options Exercise $0 -417 -33.33% $0.00 834 Mar 10, 2022 Common Stock 417 $0.00 Direct F4
transaction KAI Restricted Stock Unit Options Exercise $0 -70 -33.49% $0.00 139 Mar 10, 2022 Common Stock 70 $0.00 Direct F5
* 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 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.
F2 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.
F3 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.
F4 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.
F5 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.