Thomas Andrew Blanchard - 10 Mar 2024 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 2024
Net transactions value
-$94,503
Form type
4
Filing time
12 Mar 2024, 07:31:02 UTC
Previous filing
07 Mar 2024
Next filing
05 Mar 2025
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 +128 +19% 800 10 Mar 2024 Direct F1
transaction KAI Common Stock Tax liability $13,080 -40 -5% $327.00 760 10 Mar 2024 Direct
transaction KAI Common Stock Options Exercise +261 +34% 1,021 10 Mar 2024 Direct F2
transaction KAI Common Stock Tax liability $26,160 -80 -7.8% $327.00 941 10 Mar 2024 Direct
transaction KAI Common Stock Options Exercise +58 +6.2% 999 10 Mar 2024 Direct F3
transaction KAI Common Stock Tax liability $5,886 -18 -1.8% $327.00 981 10 Mar 2024 Direct
transaction KAI Common Stock Options Exercise +411 +42% 1,392 10 Mar 2024 Direct F4
transaction KAI Common Stock Tax liability $41,202 -126 -9.1% $327.00 1,266 10 Mar 2024 Direct
transaction KAI Common Stock Options Exercise +79 +6.2% 1,345 10 Mar 2024 Direct F5
transaction KAI Common Stock Tax liability $8,175 -25 -1.9% $327.00 1,320 10 Mar 2024 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 -128 -100% $0.000000* 0 10 Mar 2024 Common Stock 128 $0.000000 Direct F1
transaction KAI Restricted Stock Unit Options Exercise $0 -261 -50% $0.000000 260 10 Mar 2024 Common Stock 261 $0.000000 Direct F2
transaction KAI Restricted Stock Unit Options Exercise $0 -58 -50% $0.000000 57 10 Mar 2024 Common Stock 58 $0.000000 Direct F3
transaction KAI Restricted Stock Unit Options Exercise $0 -411 -33% $0.000000 822 10 Mar 2024 Common Stock 411 $0.000000 Direct F4
transaction KAI Restricted Stock Unit Options Exercise $0 -79 -33% $0.000000 157 10 Mar 2024 Common Stock 79 $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 9, 2021. One-third of the RSU vested and became distributable on March 10, 2024 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 8, 2022. One-third of the RSU vested and became distributable on March 10, 2024 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 8, 2022. One-third of the RSU vested and became distributable on March 10, 2024 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 7, 2023. One-third of the RSU vested and became distributable on March 10, 2024 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 7, 2023. One-third of the RSU vested and became distributable on March 10, 2024 and was converted to common stock on a one-for-one basis on the vesting date.