Key facts
- This page summarizes Langevin Eric T.'s Form 4 filing for KADANT INC (KAI).
- 8 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 01 Apr 2022, 08:22.
Langevin Eric T. - 31 Mar 2022 Form 4 Insider Report for KADANT INC (KAI)
- Reporting relationship
- Executive Vice President & COO
- Issuer ticker
- KAI
- Reported as of
- 31 Mar 2022
- Net transaction value
- -$162,889
- SEC form
- 4
- Accepted by SEC
- 01 Apr 2022, 08:22:24 UTC
- Prior SEC filing
- 11 Mar 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Stacy D. Krause, by power of attorney
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Langevin Eric T. filed Form 4 for KADANT INC (KAI) on 01 Apr 2022.
Change
- Previous filing in this sequence was filed on 11 Mar 2022.
- Current net transaction value: -$162,889.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
KAI
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +1,488
- Change %
- +4.7%
- Price
- Shares after
- 33,409
- Date
- 31 Mar 2022
- Ownership
- Direct
- Footnotes
- F1
KAI
transaction
Common Stock
Tax liability
- Transaction value
- $128,905
- Shares
- -660
- Change %
- -2%
- Price
- $195.31
- Shares after
- 32,749
- Date
- 31 Mar 2022
- Ownership
- Direct
KAI
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +392
- Change %
- +1.2%
- Price
- Shares after
- 33,141
- Date
- 31 Mar 2022
- Ownership
- Direct
- Footnotes
- F2
KAI
transaction
Common Stock
Tax liability
- Transaction value
- $33,984
- Shares
- -174
- Change %
- -0.53%
- Price
- $195.31
- Shares after
- 32,967
- Date
- 31 Mar 2022
- Ownership
- Direct
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
KAI
transaction
Derivative
Restricted Stock Unit
Options Exercise
- Transaction value
- $0
- Shares
- -1,488
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 31 Mar 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,488
- Exercise price
- $0.000000
- Footnotes
- F1
KAI
transaction
Derivative
Restricted Stock Unit
Options Exercise
- Transaction value
- $0
- Shares
- -392
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 31 Mar 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 392
- Exercise price
- $0.000000
- Footnotes
- F2
KAI
transaction
Derivative
Restricted Stock Unit
Disposed to Issuer
- Transaction value
- $0
- Shares
- -2,976
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 31 Mar 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 2,976
- Exercise price
- $0.000000
- Footnotes
- F3
KAI
transaction
Derivative
Restricted Stock Unit
Disposed to Issuer
- Transaction value
- $0
- Shares
- -496
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 31 Mar 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 496
- Exercise price
- $0.000000
- Footnotes
- F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Langevin Eric T. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 4 footnotes
Footnote F1
The shares represent the settlement under a performance-based Restricted Stock Unit ("RSU") award granted March 2, 2020. Pursuant to the terms of an executive transition agreement between the reporting person and the Issuer dated October 27, 2021 ("Transition Agreement"), the vesting of the reporting person's outstanding RSUs was accelerated, such that the RSUs vested and became distributable in full on March 31, 2022, the termination date of the reporting person. The shares of common stock underlying such RSUs were converted to common stock on a one-for-one basis on the vesting date.
Footnote F2
The shares represent the settlement under a time-based RSU award granted March 2, 2020. Pursuant to the terms of the Transition Agreement, the vesting of the reporting person's outstanding RSUs was accelerated, such that the RSUs vested and became distributable in full on March 31, 2022, the termination date of the reporting person. The shares of common stock underlying such RSUs were converted to common stock on a one-for-one basis on the vesting date.
Footnote F3
The shares represent the forfeiture under a performance-based RSU award granted March 9, 2021.
Footnote F4
The shares represent the forfeiture under a time-based RSU award granted March 9, 2021.