Jonathan W. Painter - 30 Sep 2023 Form 4 Insider Report for KADANT INC (KAI)

Role
Director
Signature
/s/ Stacy D. Krause, by power of attorney
Issuer symbol
KAI
Transactions as of
30 Sep 2023
Net transactions value
$0
Form type
4
Filing time
02 Oct 2023, 16:08:32 UTC
Previous filing
02 Jun 2023
Next filing
02 Jan 2024
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 +217 +1.5% 14,398 30 Sep 2023 Direct F1
holding KAI Common Stock 3 30 Sep 2023 By Son

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 -217 -50% $0.000000 217 30 Sep 2023 Common Stock 217 $0.000000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents partial vesting of a restricted stock unit award on September 30, 2023 and delivery of shares to the reporting person pursuant to the terms of a restricted stock unit award agreement dated May 17, 2023. The remainder of the shares vest on the last day of the Issuer's fourth quarter of fiscal 2023 provided the recipient continues to serve as a director of the Issuer.