Initial Statement of Beneficial Ownership (3)
November 08 2021 - 9:24AM
Edgar (US Regulatory)
FORM 3
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0104
Estimated average burden hours per response...
0.5
|
|
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
*
Westerhout Fredrik H |
2. Date of Event Requiring Statement (MM/DD/YYYY)
11/1/2021
|
3. Issuer Name and Ticker or Trading Symbol
KADANT INC [KAI]
|
(Last)
(First)
(Middle)
KADANT INC., ONE TECHNOLOGY PARK DRIVE |
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director _____ 10% Owner ___X___ Officer (give title below) _____ Other (specify below) Vice President / |
(Street)
WESTFORD, MA 01886
(City)
(State)
(Zip)
| 5. 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 Beneficially Owned
|
1.Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 1177 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 4) | 2. Date Exercisable and Expiration Date (MM/DD/YYYY) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Restricted Stock Unit | (1) | 4/30/2022 | Common Stock | 218.0 | $0.0 | D | |
Restricted Stock Unit | (2) | 4/30/2023 | Common Stock | 424.0 | $0.0 | D | |
Restricted Stock Unit | (3) | 4/30/2024 | Common Stock | 391.0 | $0.0 | D | |
Explanation of Responses: |
(1) | Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's common stock. The RSU Vests and is distributable on March 10, 2022, provided the reporting person is employed by the Issuer on the vesting date. |
(2) | Each RSU represents the right to receive one share of the Issuer's common stock. The RSU vests and is distributable in two equal installments beginning on March 10, 2022, provided that the reporting person is employed by the Issuer on the vesting date. |
(3) | Each RSU represents the right to receive one share of the Issuer's common stock. The RSU vests and is distributable in three equal installations beginning on March 10, 2022, provided the reporting person is employed by the Issuer on the vesting date. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Westerhout Fredrik H KADANT INC. ONE TECHNOLOGY PARK DRIVE WESTFORD, MA 01886 |
|
| Vice President |
|
Signatures
|
/s/ Stacy D. Krause, by power of attorney | | 11/8/2021 |
**Signature of Reporting Person | Date |
Kadant (NYSE:KAI)
Historical Stock Chart
From Aug 2024 to Sep 2024
Kadant (NYSE:KAI)
Historical Stock Chart
From Sep 2023 to Sep 2024