Peter J. Flynn - 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 $
-$97,874
Form type
4
Date filed
3/11/2022, 08:25 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 +283 +11.44% 2.76K Mar 10, 2022 Direct F1
transaction KAI Common Stock Tax liability -$17K -84 -3.05% $202.22 2.67K Mar 10, 2022 Direct
transaction KAI Common Stock Options Exercise +556 +20.8% 3.23K Mar 10, 2022 Direct F2
transaction KAI Common Stock Tax liability -$33.2K -164 -5.08% $202.22 3.07K Mar 10, 2022 Direct
transaction KAI Common Stock Options Exercise +147 +4.8% 3.21K Mar 10, 2022 Direct F3
transaction KAI Common Stock Tax liability -$8.9K -44 -1.37% $202.22 3.17K Mar 10, 2022 Direct
transaction KAI Common Stock Options Exercise +557 +17.58% 3.73K Mar 10, 2022 Direct F4
transaction KAI Common Stock Tax liability -$33.2K -164 -4.4% $202.22 3.56K Mar 10, 2022 Direct
transaction KAI Common Stock Options Exercise +93 +2.61% 3.65K Mar 10, 2022 Direct F5
transaction KAI Common Stock Tax liability -$5.66K -28 -0.77% $202.22 3.63K 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 -283 -100% $0.00* 0 Mar 10, 2022 Common Stock 283 $0.00 Direct F1
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 F5
transaction KAI Restricted Stock Unit Options Exercise $0 -557 -33.33% $0.00 1.11K Mar 10, 2022 Common Stock 557 $0.00 Direct F2
transaction KAI Restricted Stock Unit Options Exercise $0 -93 -33.45% $0.00 185 Mar 10, 2022 Common Stock 93 $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.