Form 4 for KAI KADANT INC
Accepted 2023-03-10 00:00:00 ET · period of report 2023-03-10 · accession 0000886346-23-000043 · 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 | Westerhout Fredrik H | VP | M - OptEx | — | +811 | 1,910 | +74% | — |
| DM | 2023-03-10 | 2023-03-10 | KAI | Westerhout Fredrik H | VP | F - Tax | $213.64 | -404 | 1,825 | -18% | -$86.3K |
| DM | 2023-03-10 | 2023-03-10 | KAI | Westerhout Fredrik H | VP | M - OptEx | $0.00 | -811 | 130 | -86% | $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 | M | A | 212 | — | 1,672 | D | — | — | (F1) 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. |
| 2 | Common | Common Stock | 2023-03-10 | F | D | 105 | $213.64 | 1,567 | D | — | — | |
| 3 | Common | Common Stock | 2023-03-10 | M | A | 130 | — | 1,697 | D | — | — | (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, 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 | 43 | $213.64 | 1,867 | D | — | — | |
| 5 | Common | Common Stock | 2023-03-10 | M | A | 384 | — | 2,016 | D | — | — | (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, 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 | 65 | $213.64 | 1,632 | D | — | — | |
| 7 | Common | Common Stock | 2023-03-10 | M | A | 85 | — | 1,910 | D | — | — | (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, 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 | 191 | $213.64 | 1,825 | D | — | — | |
| 9 | Derivative | Restricted Stock Unit | 2023-03-10 | M | D | 212 | $0.00 | 0 | D | $0.00 · — to 2023-04-30 | 212 Common Stock | (F1) 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. |
| 10 | Derivative | Restricted Stock Unit | 2023-03-10 | M | D | 85 | $0.00 | 169 | D | $0.00 · — to 2025-04-30 | 85 Common Stock | (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, 2023 and was converted to common stock on a one-for-one basis on the vesting date. |
| 11 | Derivative | Restricted Stock Unit | 2023-03-10 | M | D | 384 | $0.00 | 766 | D | $0.00 · — to 2025-04-30 | 384 Common Stock | (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, 2023 and was converted to common stock on a one-for-one basis on the vesting date. |
| 12 | Derivative | Restricted Stock Unit | 2023-03-10 | M | D | 130 | $0.00 | 130 | D | $0.00 · — to 2024-04-30 | 130 Common Stock | (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, 2023 and was converted to common stock on a one-for-one basis on the vesting date. |