Statement of Changes in Beneficial Ownership (4)
December 15 2020 - 05:37PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
|
OMB
APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5 |
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
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|
1. Name
and Address of Reporting Person *
Langevin Eric T |
2. Issuer Name and Ticker or Trading
Symbol KADANT INC [ KAI ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director _____
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
Executive Vice President &
COO |
(Last)
(First)
(Middle)
KADANT INC., ONE TECHNOLOGY PARK DRIVE |
3. Date of Earliest Transaction (MM/DD/YYYY)
12/11/2020
|
(Street)
WESTFORD, MA 01886
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
|
1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following
Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
Amount |
(A) or (D) |
Price |
Common Stock |
12/11/2020 |
|
M(1) |
|
800 |
A |
$25.98 |
53039 |
D |
|
Common Stock |
12/11/2020 |
|
S(1) |
|
800 |
D |
$134.3973 (2) |
52239 |
D |
|
Common Stock |
12/11/2020 |
|
M(1) |
|
4284 |
A |
$25.98 |
56523 |
D |
|
Common Stock |
12/11/2020 |
|
S(1) |
|
4284 |
D |
$135.4387 (3) |
52239 |
D |
|
Common Stock |
12/11/2020 |
|
M(1) |
|
326 |
A |
$25.98 |
52565 |
D |
|
Common Stock |
12/11/2020 |
|
S(1) |
|
326 |
D |
$136.4264 (4) |
52239 |
D |
|
Common Stock |
12/14/2020 |
|
M(1) |
|
1900 |
A |
$25.98 |
54139 |
D |
|
Common Stock |
12/14/2020 |
|
S(1) |
|
1900 |
D |
$134.6559 (5) |
52239 |
D |
|
Common Stock |
12/14/2020 |
|
M(1) |
|
2400 |
A |
$25.98 |
54639 |
D |
|
Common Stock |
12/14/2020 |
|
S(1) |
|
2400 |
D |
$135.5622 (6) |
52239 |
D |
|
Common Stock |
12/14/2020 |
|
M(1) |
|
120 |
A |
$25.98 |
52359 |
D |
|
Common Stock |
12/14/2020 |
|
S(1) |
|
120 |
D |
$136.5083 (7) |
52239 |
D |
|
Common Stock |
12/15/2020 |
|
M(1) |
|
200 |
A |
$25.98 |
52439 |
D |
|
Common Stock |
12/15/2020 |
|
S(1) |
|
200 |
D |
$131.115 (8) |
52239 |
D |
|
Common Stock |
12/15/2020 |
|
M(1) |
|
100 |
A |
$25.98 |
52339 |
D |
|
Common Stock |
12/15/2020 |
|
S(1) |
|
100 |
D |
$133 |
52239 |
D |
|
Common Stock |
12/15/2020 |
|
M(1) |
|
2300 |
A |
$25.98 |
54539 |
D |
|
Common Stock |
12/15/2020 |
|
S(1) |
|
2300 |
D |
$135.4398 (9) |
52239 |
D |
|
Common Stock |
12/15/2020 |
|
M(1) |
|
297 |
A |
$25.98 |
52536 |
D |
|
Common Stock |
12/15/2020 |
|
S(1) |
|
297 |
D |
$136.50 |
52239 |
D |
|
Common Stock |
12/15/2020 |
|
S(1) |
|
403 |
D |
$137.2345 (10) |
51836 |
D |
|
Common Stock |
12/15/2020 |
|
S(1) |
|
2059 |
D |
$139.0159 (11) |
49777 |
D |
|
Common Stock |
12/15/2020 |
|
S(1) |
|
11 |
D |
$139.6482 (12) |
49766 |
D |
|
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
|
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying
Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially
Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct
(D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Stock Option (Right to Buy) |
$25.98 |
12/11/2020 |
|
M (1) |
|
|
800 |
(13) |
3/6/2023 |
Common Stock |
800.0 |
$0 |
11927 |
D |
|
Stock Option (Right to Buy) |
$25.98 |
12/11/2020 |
|
M (1) |
|
|
4284 |
(13) |
3/6/2023 |
Common Stock |
4284.0 |
$0 |
7643 |
D |
|
Stock Option (Right to Buy) |
$25.98 |
12/11/2020 |
|
M (1) |
|
|
326 |
(13) |
3/6/2023 |
Common Stock |
326.0 |
$0 |
7317 |
D |
|
Stock Option (Right to Buy) |
$25.98 |
12/14/2020 |
|
M (1) |
|
|
1900 |
(13) |
3/6/2023 |
Common Stock |
1900.0 |
$0 |
5417 |
D |
|
Stock Option (Right to Buy) |
$25.98 |
12/14/2020 |
|
M (1) |
|
|
2400 |
(13) |
3/6/2023 |
Common Stock |
2400.0 |
$0 |
3017 |
D |
|
Stock Option (Right to Buy) |
$25.98 |
12/14/2020 |
|
M (1) |
|
|
120 |
(13) |
3/6/2023 |
Common Stock |
120.0 |
$0 |
2897 |
D |
|
Stock Option (Right to Buy) |
$25.98 |
12/15/2020 |
|
M (1) |
|
|
200 |
(13) |
3/6/2023 |
Common Stock |
200.0 |
$0 |
2697 |
D |
|
Stock Option (Right to Buy) |
$25.98 |
12/15/2020 |
|
M (1) |
|
|
100 |
(13) |
3/6/2023 |
Common Stock |
100.0 |
$0 |
2597 |
D |
|
Stock Option (Right to Buy) |
$25.98 |
12/15/2020 |
|
M (1) |
|
|
2300 |
(13) |
3/6/2023 |
Common Stock |
2300.0 |
$0 |
297 |
D |
|
Stock Option (Right to Buy) |
$25.98 |
12/15/2020 |
|
M (1) |
|
|
297 |
(13) |
3/6/2023 |
Common Stock |
297.0 |
$0 |
0 |
D |
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Explanation of
Responses: |
(1) |
The transactions reported on
this Form 4 were executed pursuant to a Rule 10b5-1 trading plan
adopted November 11, 2020. |
(2) |
Represents the weighted
average sale price. The actual sales prices range from $133.98 to
$134.89 per share. The reporting person will supply the SEC, the
Issuer, or a security holder of the Issuer, with full information
regarding the number of shares at each price upon
request. |
(3) |
Represents the weighted
average sale price. The actual sales prices range from $135.00 to
$136.00 per share. The reporting person will supply the SEC, the
Issuer, or a security holder of the Issuer, with full information
regarding the number of shares at each price upon
request. |
(4) |
Represents the weighted
average sale price. The actual sales prices range from $136.10 to
$136.58 per share. The reporting person will supply the SEC, the
Issuer, or a security holder of the Issuer, with full information
regarding the number of shares at each price upon
request. |
(5) |
Represents the weighted
average sale price. The actual sales prices range from $134.10 to
$135.10 per share. The reporting person will supply the SEC, the
Issuer, or a security holder of the Issuer, with full information
regarding the number of shares at each price upon
request. |
(6) |
Represents the weighted
average sale price. The actual sales prices range from $135.24 to
$136.00 per share. The reporting person will supply the SEC, the
Issuer, or a security holder of the Issuer, with full information
regarding the number of shares at each price upon
request. |
(7) |
Represents the weighted
average sale price. The actual sales prices range from $136.45 to
$136.80 per share. The reporting person will supply the SEC, the
Issuer, or a security holder of the Issuer, with full information
regarding the number of shares at each price upon
request. |
(8) |
Represents the weighted
average sale price. The actual sales prices range from $131.02 to
$131.21 per share. The reporting person will supply the SEC, the
Issuer, or a security holder of the Issuer, with full information
regarding the number of shares at each price upon
request. |
(9) |
Represents the weighted
average sale price. The actual sales prices range from $134.72 to
$135.65 per share. The reporting person will supply the SEC, the
Issuer, or a security holder of the Issuer, with full information
regarding the number of shares at each price upon
request. |
(10) |
Represents the weighted
average sale price. The actual sales prices range from $136.50 to
$137.48 per share. The reporting person will supply the SEC, the
Issuer, or a security holder of the Issuer, with full information
regarding the number of shares at each price upon
request. |
(11) |
Represents the weighted
average sale price. The actual sales prices range from $138.40 to
$139.20 per share. The reporting person will supply the SEC, the
Issuer, or a security holder of the Issuer, with full information
regarding the number of shares at each price upon
request. |
(12) |
Represents the weighted
average sale price. The actual sales prices range from $139.64 to
$139.73 per share. The reporting person will supply the SEC, the
Issuer, or a security holder of the Issuer, with full information
regarding the number of shares at each price upon
request. |
(13) |
This stock option is fully
vested. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
Langevin Eric T
KADANT INC.
ONE TECHNOLOGY PARK DRIVE
WESTFORD, MA 01886 |
|
|
Executive Vice President &
COO |
|
Signatures
|
/s/ Stacy D. Krause, by power of
attorney |
|
12/15/2020 |
**Signature of
Reporting Person |
Date |