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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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

MCKENNEY MICHAEL 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)
Executive Vice President & CFO
(Last)          (First)          (Middle)

KADANT INC., ONE TECHNOLOGY PARK DRIVE
3. Date of Earliest Transaction (MM/DD/YYYY)

3/10/2021
(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 3/10/2021  M  1168 A (1)18491.009 D  
Common Stock 3/10/2021  F  410 D$175.29 18081.009 D  
Common Stock 3/10/2021  M  244 A (2)18325.009 D  
Common Stock 3/10/2021  F  109 D$175.29 18216.009 D  
Common Stock 3/10/2021  M  1343 A (3)19559.009 D  
Common Stock 3/10/2021  F  395 D$175.29 19164.009 D  
Common Stock 3/10/2021  M  340 A (4)19504.009 D  
Common Stock 3/10/2021  F  151 D$175.29 19353.009 D  
Common Stock 3/10/2021  M  1488 A (5)20841.009 D  
Common Stock 3/10/2021  F  437 D$175.29 20404.009 D  
Common Stock 3/10/2021  M  393 A (6)20797.009 D  
Common Stock 3/10/2021  F  175 D$175.29 20622.009 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 Security3. Trans. Date3A. Deemed Execution Date, if any4. 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 Date7. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit $0.0 3/10/2021  M     1168   (1)4/30/2021 Common Stock 1168.0 $0 0 D  
Restricted Stock Unit $0.0 3/10/2021  M     244   (2)4/30/2021 Common Stock 244.0 $0 0 D  
Restricted Stock Unit $0.0 3/10/2021  M     1343   (3)4/30/2022 Common Stock 1343.0 $0 1343 D  
Restricted Stock Unit $0.0 3/10/2021  M     340   (4)4/30/2022 Common Stock 340.0 $0 340 D  
Restricted Stock Unit $0.0 3/10/2021  M     1488   (5)4/30/2023 Common Stock 1488.0 $0 2976 D  
Restricted Stock Unit $0.0 3/10/2021  M     393   (6)4/30/2023 Common Stock 393.0 $0 785 D  

Explanation of Responses:
(1) The shares represent the partial settlement under a performance-based RSU award granted March 7, 2018. One-third of the RSU vested and became distributable on March 10, 2021 and was converted to common stock on a one-for-one basis on the vesting date.
(2) The shares represent the partial settlement under a time-based RSU award granted March 7, 2018. One-third of the RSU vested and became distributable on March 10, 2021 and was converted to common stock on a one-for-one basis on the vesting date.
(3) The shares represent the partial settlement under a performance-based RSU award granted March 4, 2019. One-third of the RSU vested and became distributable on March 10, 2021 and was converted to common stock on a one-for-one basis on the vesting date.
(4) The shares represent the partial settlement under a time-based RSU award granted March 4, 2019. One-third of the RSU vested and became distributable on March 10, 2021 and was converted to common stock on a one-for-one basis on the vesting date.
(5) 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, 2021 and was converted to common stock on a one-for-one basis on the vesting date.
(6) 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, 2021 and was converted to common stock on a one-for-one basis on the vesting date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
MCKENNEY MICHAEL J
KADANT INC.
ONE TECHNOLOGY PARK DRIVE
WESTFORD, MA 01886


Executive Vice President & CFO

Signatures
/s/ Stacy D. Krause, by power of attorney3/12/2021
**Signature of Reporting PersonDate

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