SEC Form 4 · accession 0000886346-15-000075

KADANT INC · KAI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — VP, GENERAL COUNSEL, SECRETARY

Period of report

Mar 10, 2015

Accepted (ET)

Mar 12, 2015 · 3:19 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000886346

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock^F1	Mar 10, 2015	M	1,464	—	A	19,967	D
Common Stock	Mar 10, 2015	F	476	$46.99	D	19,491	D
Common Stock^F2	Mar 10, 2015	M	1,363	—	A	20,854	D
Common Stock	Mar 10, 2015	F	443	$46.99	D	20,411	D
Common Stock^F3	Mar 10, 2015	M	948	—	A	21,359	D
Common Stock	Mar 10, 2015	F	309	$46.99	D	21,050	D
Common Stock^F4	Mar 10, 2015	M	235	—	A	21,285	D
Common Stock	Mar 10, 2015	F	76	$46.99	D	21,209	D
Common Stock^F6	Mar 11, 2015	S	2,887	$46.4036	D	18,322	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Unit^F1	$0.00	Mar 10, 2015	M	1,464	D	—	Mar 10, 2015	Common Stock	1,464	0	D
Restricted Stock Unit^F2	$0.00	Mar 10, 2015	M	1,363	D	—	Mar 10, 2016	Common Stock	1,363	1,363	D
Restricted Stock Unit^F3	$0.00	Mar 10, 2015	M	948	D	—	Mar 10, 2017	Common Stock	948	1,896	D
Restricted Stock Unit^F4	$0.00	Mar 10, 2015	M	235	D	—	Mar 10, 2017	Common Stock	235	472	D

F1The shares represent the partial settlement under a performance-based RSU award granted 3/7/2012. One-third of the RSU vested on 3/10/2015 and was converted to vested common stock on a one-for-one basis on the vesting date.
F2The shares represent the partial settlement under a performance-based RSU award granted 3/6/2013. One-third of the RSU vested on 3/10/2015 and was converted to vested common stock on a one-for-one basis on the vesting date.
F3The shares represent the partial settlement under a performance-based RSU award granted 3/5/2014. One-third of the RSU vested on 3/10/2015 and was converted to vested common stock on a one-for-one basis on the vesting date.
F4The shares represent the partial settlement under a time-based RSU award granted 3/5/2014. One-third vested on a one-for-one basis on the vesting date.
F5The transactions reported on this Form 4 were executed pursuant to a Rule 10-b-5-1 trading plan adopted December 19, 2014.
F6Represents the weighted average sale price. The actual sales prices range from $46.29 to $46.51 per share. The reporting person will supply the SEC, the Issuer, or a security holder of the Issuer, with full information regarding the number of shares at each price upon request.