Stacy D. Krause - 10 Mar 2024 Form 4 Insider Report for KADANT INC (KAI)

Role
SVP, GC and Secretary
Signature
/s/ Stacy D. Krause
Issuer symbol
KAI
Transactions as of
10 Mar 2024
Net transactions value
-$397,632
Form type
4
Filing time
12 Mar 2024, 07:34:23 UTC
Previous filing
07 Mar 2024
Next filing
15 Mar 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 +945 945 10 Mar 2024 Direct F1
transaction KAI Common Stock Tax liability $134,070 -410 -43% $327.00 535 10 Mar 2024 Direct
transaction KAI Common Stock Options Exercise +157 +29% 692 10 Mar 2024 Direct F2
transaction KAI Common Stock Tax liability $22,563 -69 -10% $327.00 623 10 Mar 2024 Direct
transaction KAI Common Stock Options Exercise +628 +101% 1,251 10 Mar 2024 Direct F3
transaction KAI Common Stock Tax liability $89,271 -273 -22% $327.00 978 10 Mar 2024 Direct
transaction KAI Common Stock Options Exercise +139 +14% 1,117 10 Mar 2024 Direct F4
transaction KAI Common Stock Tax liability $19,947 -61 -5.5% $327.00 1,056 10 Mar 2024 Direct
transaction KAI Common Stock Options Exercise +779 +74% 1,835 10 Mar 2024 Direct F5
transaction KAI Common Stock Tax liability $110,526 -338 -18% $327.00 1,497 10 Mar 2024 Direct
transaction KAI Common Stock Options Exercise +149 +10% 1,646 10 Mar 2024 Direct F6
transaction KAI Common Stock Tax liability $21,255 -65 -3.9% $327.00 1,581 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 -945 -100% $0.000000* 0 10 Mar 2024 Common Stock 945 $0.000000 Direct F1
transaction KAI Restricted Stock Unit Options Exercise $0 -157 -100% $0.000000* 0 10 Mar 2024 Common Stock 157 $0.000000 Direct F2
transaction KAI Restricted Stock Unit Options Exercise $0 -628 -50% $0.000000 628 10 Mar 2024 Common Stock 628 $0.000000 Direct F3
transaction KAI Restricted Stock Unit Options Exercise $0 -139 -50% $0.000000 139 10 Mar 2024 Common Stock 139 $0.000000 Direct F4
transaction KAI Restricted Stock Unit Options Exercise $0 -779 -33% $0.000000 1,556 10 Mar 2024 Common Stock 779 $0.000000 Direct F5
transaction KAI Restricted Stock Unit Options Exercise $0 -149 -33% $0.000000 297 10 Mar 2024 Common Stock 149 $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 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 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.
F3 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.
F4 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.
F5 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.
F6 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.