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KAI Kadant Inc

271.20
-15.96 (-5.56%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Kadant Inc NYSE:KAI NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -15.96 -5.56% 271.20 286.59 271.39 286.59 125,037 23:42:17

Initial Statement of Beneficial Ownership (3)

08/11/2021 2:17pm

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 *

Blanchard Thomas Andrew
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 452 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 Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit  (1)4/30/2022 Common Stock 215.0 $0.0 D  
Restricted Stock Unit  (2)4/30/2023 Common Stock 418.0 $0.0 D  
Restricted Stock Unit  (3)4/30/2024 Common Stock 386.0 $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 installations beginning on March 10, 2022, provided 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.

Remarks:
Exhibit 24 - Power of Attorney

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Blanchard Thomas Andrew
KADANT INC.
ONE TECHNOLOGY PARK DRIVE
WESTFORD, MA 01886


Vice President

Signatures
/s/ Stacy D. Krause, by power of attorney11/8/2021
**Signature of Reporting PersonDate

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