Tully William P 4
4 · KADANT INC · Filed May 21, 2021
Insider Transaction Report
Form 4
KADANT INCKAI
Tully William P
Director
Transactions
- Award
Restricted Stock Unit
2021-05-19+1,009→ 1,009 totalExercise: $0.00Exp: 2022-01-31→ Common Stock (1,009 underlying)
Footnotes (1)
- [F1]Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's common stock. 50% of the RSU vests on June 1, 2021 and the remainder vests 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.