Deborah Selwood - 10 Mar 2022 Form 4 Insider Report for KADANT INC (KAI)

Role
Senior Vice President & CAO
Signature
/s/ Stacy D. Krause, by power of attorney
Issuer symbol
KAI
Transactions as of
10 Mar 2022
Net transactions value
-$94,235
Form type
4
Filing time
11 Mar 2022, 08:13:54 UTC
Previous filing
08 Mar 2022
Next filing
07 Mar 2023
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 +447 +2.7% 17,051 10 Mar 2022 Direct F1
transaction KAI Common Stock Tax liability $26,693 -132 -0.77% $202.22 16,919 10 Mar 2022 Direct
transaction KAI Common Stock Options Exercise +113 +0.67% 17,032 10 Mar 2022 Direct F2
transaction KAI Common Stock Tax liability $6,875 -34 -0.2% $202.22 16,998 10 Mar 2022 Direct
transaction KAI Common Stock Options Exercise +417 +2.5% 17,415 10 Mar 2022 Direct F3
transaction KAI Common Stock Tax liability $24,873 -123 -0.71% $202.22 17,292 10 Mar 2022 Direct
transaction KAI Common Stock Options Exercise +110 +0.64% 17,402 10 Mar 2022 Direct F4
transaction KAI Common Stock Tax liability $6,673 -33 -0.19% $202.22 17,369 10 Mar 2022 Direct
transaction KAI Common Stock Options Exercise +417 +2.4% 17,786 10 Mar 2022 Direct F5
transaction KAI Common Stock Tax liability $24,873 -123 -0.69% $202.22 17,663 10 Mar 2022 Direct
transaction KAI Common Stock Options Exercise +70 +0.4% 17,733 10 Mar 2022 Direct F6
transaction KAI Common Stock Tax liability $4,247 -21 -0.12% $202.22 17,712 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 -447 -100% $0.000000* 0 10 Mar 2022 Common Stock 447 $0.000000 Direct F1
transaction KAI Restricted Stock Unit Options Exercise $0 -113 -100% $0.000000* 0 10 Mar 2022 Common Stock 113 $0.000000 Direct F2
transaction KAI Restricted Stock Unit Options Exercise $0 -417 -50% $0.000000 417 10 Mar 2022 Common Stock 417 $0.000000 Direct F3
transaction KAI Restricted Stock Unit Options Exercise $0 -110 -50% $0.000000 110 10 Mar 2022 Common Stock 110 $0.000000 Direct F4
transaction KAI Restricted Stock Unit Options Exercise $0 -417 -33% $0.000000 834 10 Mar 2022 Common Stock 417 $0.000000 Direct F5
transaction KAI Restricted Stock Unit Options Exercise $0 -70 -33% $0.000000 139 10 Mar 2022 Common Stock 70 $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.