0000886346-23-000037.txt : 20230307
0000886346-23-000037.hdr.sgml : 20230307
20230307172740
ACCESSION NUMBER: 0000886346-23-000037
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230307
FILED AS OF DATE: 20230307
DATE AS OF CHANGE: 20230307
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MCKENNEY MICHAEL J
CENTRAL INDEX KEY: 0001251663
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11406
FILM NUMBER: 23714017
MAIL ADDRESS:
STREET 1: ONE ACTON PLACE STE.200
CITY: ACTON
STATE: MA
ZIP: 01720
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: KADANT INC
CENTRAL INDEX KEY: 0000886346
STANDARD INDUSTRIAL CLASSIFICATION: SPECIAL INDUSTRY MACHINERY (NO METALWORKING MACHINERY) [3550]
IRS NUMBER: 521762325
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: ONE TECHNOLOGY PARK DRIVE
CITY: WESTFORD
STATE: MA
ZIP: 01886
BUSINESS PHONE: (978) 776-2000
MAIL ADDRESS:
STREET 1: ONE TECHNOLOGY PARK DRIVE
CITY: WESTFORD
STATE: MA
ZIP: 01886
FORMER COMPANY:
FORMER CONFORMED NAME: THERMO FIBERTEK INC
DATE OF NAME CHANGE: 19930328
4
1
wf-form4_167822804058269.xml
FORM 4
X0306
4
2023-03-07
0
0000886346
KADANT INC
KAI
0001251663
MCKENNEY MICHAEL J
KADANT INC.
ONE TECHNOLOGY PARK DRIVE
WESTFORD
MA
01886
0
1
0
0
Executive Vice President & CFO
Common Stock
24111.009
D
Restricted Stock Unit
0.0
2023-03-07
4
A
0
2871
0
A
2026-04-30
Common Stock
2871.0
2871
D
Restricted Stock Unit
0.0
2023-03-07
4
A
0
718
0
A
2026-04-30
Common Stock
718.0
718
D
Includes 108 shares acquired in an exempt transaction pursuant to the Issuer's Employees' Stock Purchase Plan on December 31, 2022.
Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's common stock. The RSU vests and is distributable in three equal installments beginning on March 10, 2024, provided that the Issuer meets certain performance requirements for fiscal 2023 and the reporting person is employed by the Issuer on the vesting date. The maximum number of shares the reporting person may receive is 150% of the RSU amount.
This RSU vests and becomes exercisable in three annual installments beginning on March 10, 2024, provided the reporting person is employed by the Issuer on the vesting date.
/s/ Stacy D. Krause, by power of attorney
2023-03-07