Form 4 for KAI KADANT INC
Accepted 2023-03-10 00:00:00 ET · period of report 2023-03-10 · accession 0000886346-23-000041 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-03-10 | 2023-03-10 | KAI | Powell Jeffrey L | Pres, CEO, Dir | F - Tax | $213.64 | -6,934 | 50.9K | -12% | -$1.48M |
| DM | 2023-03-10 | 2023-03-10 | KAI | Powell Jeffrey L | Pres, CEO, Dir | M - OptEx | — | +15.6K | 51.5K | +44% | — |
| DM | 2023-03-10 | 2023-03-10 | KAI | Powell Jeffrey L | Pres, CEO, Dir | M - OptEx | $0.00 | -15.6K | 1,254 | -93% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-03-10 | F | D | 370 | $213.64 | 49,319 | D | — | — | |
| 2 | Common | Common Stock | 2023-03-10 | M | A | 2,836 | — | 52,155 | D | — | — | (F5) 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, 2023 and was converted to common stock on a one-for-one basis on the vesting date. |
| 3 | Common | Common Stock | 2023-03-10 | M | A | 834 | — | 49,689 | D | — | — | (F4) 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, 2023 and was converted to common stock on a one-for-one basis on the vesting date. |
| 4 | Common | Common Stock | 2023-03-10 | F | D | 2,221 | $213.64 | 48,855 | D | — | — | |
| 5 | Common | Common Stock | 2023-03-10 | M | A | 5,007 | — | 51,076 | D | — | — | (F3) 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, 2023 and was converted to common stock on a one-for-one basis on the vesting date. |
| 6 | Common | Common Stock | 2023-03-10 | F | D | 586 | $213.64 | 46,069 | D | — | — | |
| 7 | Common | Common Stock | 2023-03-10 | M | A | 1,321 | — | 46,655 | D | — | — | (F2) 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, 2023 and was converted to common stock on a one-for-one basis on the vesting date. |
| 8 | Common | Common Stock | 2023-03-10 | F | D | 2,220 | $213.64 | 45,334 | D | — | — | |
| 9 | Common | Common Stock | 2023-03-10 | M | A | 5,005 | — | 47,554 | D | — | — | (F1) 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, 2023 and was converted to common stock on a one-for-one basis on the vesting date. |
| 10 | Common | Common Stock | 2023-03-10 | F | D | 279 | $213.64 | 51,246 | D | — | — | |
| 11 | Common | Common Stock | 2023-03-10 | M | A | 628 | — | 51,525 | D | — | — | (F6) 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, 2023 and was converted to common stock on a one-for-one basis on the vesting date. |
| 12 | Common | Common Stock | 2023-03-10 | F | D | 1,258 | $213.64 | 50,897 | D | — | — | |
| 13 | Derivative | Restricted Stock Unit | 2023-03-10 | M | D | 2,836 | $0.00 | 5,672 | D | $0.00 · — to 2025-04-30 | 2,836 Common Stock | (F5) 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, 2023 and was converted to common stock on a one-for-one basis on the vesting date. |
| 14 | Derivative | Restricted Stock Unit | 2023-03-10 | M | D | 834 | $0.00 | 834 | D | $0.00 · — to 2024-04-30 | 834 Common Stock | (F4) 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, 2023 and was converted to common stock on a one-for-one basis on the vesting date. |
| 15 | Derivative | Restricted Stock Unit | 2023-03-10 | M | D | 5,007 | $0.00 | 5,007 | D | $0.00 · — to 2024-04-30 | 5,007 Common Stock | (F3) 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, 2023 and was converted to common stock on a one-for-one basis on the vesting date. |
| 16 | Derivative | Restricted Stock Unit | 2023-03-10 | M | D | 1,321 | $0.00 | 0 | D | $0.00 · — to 2023-04-30 | 1,321 Common Stock | (F2) 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, 2023 and was converted to common stock on a one-for-one basis on the vesting date. |
| 17 | Derivative | Restricted Stock Unit | 2023-03-10 | M | D | 5,005 | $0.00 | 0 | D | $0.00 · — to 2023-04-30 | 5,005 Common Stock | (F1) 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, 2023 and was converted to common stock on a one-for-one basis on the vesting date. |
| 18 | Derivative | Restricted Stock Unit | 2023-03-10 | M | D | 628 | $0.00 | 1,254 | D | $0.00 · — to 2025-04-30 | 628 Common Stock | (F6) 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, 2023 and was converted to common stock on a one-for-one basis on the vesting date. |