Form 4 for KAI KADANT INC
Accepted 2024-03-12 00:00:00 ET · period of report 2024-03-10 · accession 0000886346-24-000063 · 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 | 2024-03-12 | 2024-03-10 | KAI | MCKENNEY MICHAEL J | EVP, CFO | M - OptEx | — | +4,373 | 24.5K | +22% | — |
| DM | 2024-03-12 | 2024-03-10 | KAI | MCKENNEY MICHAEL J | EVP, CFO | F - Tax | $327.00 | -2,118 | 23.5K | -8% | -$692.6K |
| DM | 2024-03-12 | 2024-03-10 | KAI | MCKENNEY MICHAEL J | EVP, CFO | M - OptEx | $0.00 | -4,373 | 0 | -100% | $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 | 2024-03-10 | M | A | 1,488 | — | 23,609.01 | D | — | — | (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. |
| 2 | Common | Common Stock | 2024-03-10 | F | D | 720 | $327.00 | 22,889.01 | D | — | — | |
| 3 | Common | Common Stock | 2024-03-10 | M | A | 248 | — | 23,137.01 | 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, 2024 and was converted to common stock on a one-for-one basis on the vesting date. |
| 4 | Common | Common Stock | 2024-03-10 | F | D | 120 | $327.00 | 23,017.01 | D | — | — | |
| 5 | Common | Common Stock | 2024-03-10 | M | A | 937 | — | 23,954.01 | 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, 2024 and was converted to common stock on a one-for-one basis on the vesting date. |
| 6 | Common | Common Stock | 2024-03-10 | F | D | 117 | $327.00 | 24,376.01 | D | — | — | |
| 7 | Common | Common Stock | 2024-03-10 | M | A | 207 | — | 23,707.01 | 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, 2024 and was converted to common stock on a one-for-one basis on the vesting date. |
| 8 | Common | Common Stock | 2024-03-10 | F | D | 101 | $327.00 | 23,606.01 | D | — | — | |
| 9 | Common | Common Stock | 2024-03-10 | M | A | 1,253 | — | 24,859.01 | D | — | — | (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. |
| 10 | Common | Common Stock | 2024-03-10 | F | D | 606 | $327.00 | 24,253.01 | D | — | — | |
| 11 | Common | Common Stock | 2024-03-10 | M | A | 240 | — | 24,493.01 | D | — | — | (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. |
| 12 | Common | Common Stock | 2024-03-10 | F | D | 454 | $327.00 | 23,500.01 | D | — | — | |
| 13 | Derivative | Restricted Stock Unit | 2024-03-10 | M | D | 1,253 | $0.00 | 2,506 | D | $0.00 · — to 2026-04-30 | 1,253 Common Stock | (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. |
| 14 | Derivative | Restricted Stock Unit | 2024-03-10 | M | D | 240 | $0.00 | 478 | D | $0.00 · — to 2026-04-30 | 240 Common Stock | (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. |
| 15 | Derivative | Restricted Stock Unit | 2024-03-10 | M | D | 207 | $0.00 | 207 | D | $0.00 · — to 2025-04-30 | 207 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, 2024 and was converted to common stock on a one-for-one basis on the vesting date. |
| 16 | Derivative | Restricted Stock Unit | 2024-03-10 | M | D | 937 | $0.00 | 937 | D | $0.00 · — to 2025-04-30 | 937 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, 2024 and was converted to common stock on a one-for-one basis on the vesting date. |
| 17 | Derivative | Restricted Stock Unit | 2024-03-10 | M | D | 248 | $0.00 | 0 | D | $0.00 · — to 2024-04-30 | 248 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, 2024 and was converted to common stock on a one-for-one basis on the vesting date. |
| 18 | Derivative | Restricted Stock Unit | 2024-03-10 | M | D | 1,488 | $0.00 | 0 | D | $0.00 · — to 2024-04-30 | 1,488 Common Stock | (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. |