Statement of Changes in Beneficial Ownership (4)
January 05 2021 - 04:18PM
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
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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 * Flynn
Peter J. |
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)
Vice President |
(Last)
(First)
(Middle)
KADANT INC., ONE TECHNOLOGY PARK DRIVE |
3. Date of Earliest Transaction (MM/DD/YYYY)
1/4/2021
|
(Street)
WESTFORD, MA 01886
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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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 |
1/4/2021 |
|
S(1) |
|
444 |
D |
$135.9788 (2) |
2998.584 |
D |
|
Common Stock |
1/4/2021 |
|
S(1) |
|
695 |
D |
$136.6801 (3) |
2303.584 |
D |
|
Common Stock |
1/4/2021 |
|
S(1) |
|
176 |
D |
$137.58 |
2127.584 |
D |
|
Common Stock |
1/4/2021 |
|
S(1) |
|
210 |
D |
$139.3533 (4) |
1917.584 |
D |
|
Common Stock |
1/4/2021 |
|
S(1) |
|
300 |
D |
$141.1617 (5) |
1617.584 |
D |
|
Common Stock |
1/4/2021 |
|
S(1) |
|
200 |
D |
$142.135 |
1417.584 |
D |
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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 |
Explanation of
Responses: |
(1) |
The transactions reported on
this Form 4 were executed pursuant to a Rule 10b5-1 trading plan
adopted November 16, 2020. |
(2) |
Represents the weighted
average sale price. The actual sales prices range from $135.48 to
$136.3001 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 $136.50 to
$137.00 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 $139.02 to
$139.72 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 $140.90 to
$141.335 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. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
Flynn Peter J.
KADANT INC.
ONE TECHNOLOGY PARK DRIVE
WESTFORD, MA 01886 |
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|
Vice President |
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Signatures
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/s/ Stacy D. Krause, by power of
attorney |
|
1/5/2021 |
**Signature of
Reporting Person |
Date |