Tully William P 4
4 · KADANT INC · Filed Jun 1, 2021
Insider Transaction Report
Form 4
KADANT INCKAI
Tully William P
Director
Transactions
- Exercise/Conversion
Common Stock
2021-06-01+505→ 4,440 total - Exercise/Conversion
Restricted Stock Unit
2021-06-01−505→ 504 totalExercise: $0.00Exp: 2022-01-31→ Common Stock (505 underlying)
Footnotes (1)
- [F1]Represents partial vesting of a restricted stock unit award on June 1, 2021 and delivery of shares to the reporting person pursuant to the terms of a restricted stock unit award agreement dated May 19, 2021. The remainder of the shares vest in two equal installments on the last day of each of the Issuer's third and fourth quarters of fiscal 2021 provided the recipient continues to serve as a director of the Issuer.