Peter J. Flynn - 10 Mar 2022 Form 4 Insider Report for KADANT INC (KAI)

Role
Vice President
Signature
/s/ Stacy D. Krause, by power of attorney
Issuer symbol
KAI
Transactions as of
10 Mar 2022
Net transactions value
-$97,874
Form type
4
Filing time
11 Mar 2022, 08:25:33 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 +283 +11% 2,758 10 Mar 2022 Direct F1
transaction KAI Common Stock Tax liability $16,986 -84 -3% $202.22 2,674 10 Mar 2022 Direct
transaction KAI Common Stock Options Exercise +556 +21% 3,230 10 Mar 2022 Direct F2
transaction KAI Common Stock Tax liability $33,164 -164 -5.1% $202.22 3,066 10 Mar 2022 Direct
transaction KAI Common Stock Options Exercise +147 +4.8% 3,213 10 Mar 2022 Direct F3
transaction KAI Common Stock Tax liability $8,898 -44 -1.4% $202.22 3,169 10 Mar 2022 Direct
transaction KAI Common Stock Options Exercise +557 +18% 3,726 10 Mar 2022 Direct F4
transaction KAI Common Stock Tax liability $33,164 -164 -4.4% $202.22 3,562 10 Mar 2022 Direct
transaction KAI Common Stock Options Exercise +93 +2.6% 3,655 10 Mar 2022 Direct F5
transaction KAI Common Stock Tax liability $5,662 -28 -0.77% $202.22 3,627 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 -283 -100% $0.000000* 0 10 Mar 2022 Common Stock 283 $0.000000 Direct F1
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 F5
transaction KAI Restricted Stock Unit Options Exercise $0 -557 -33% $0.000000 1,114 10 Mar 2022 Common Stock 557 $0.000000 Direct F2
transaction KAI Restricted Stock Unit Options Exercise $0 -93 -33% $0.000000 185 10 Mar 2022 Common Stock 93 $0.000000 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.