SEC Form 4 · accession 0000886346-16-000212

KADANT INC · KAI

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

Reporting owner

Officer — PRESIDENT AND CEO · Director

Period of report

Mar 10, 2016

Accepted (ET)

Mar 11, 2016 · 2:19 pm EST

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	Nature of ownership
Common Stock^F1	Mar 10, 2016	M	12,369	—	A	79,274	D
Common Stock	Mar 10, 2016	F	5,505	$42.20	D	73,769	D
Common Stock^F2	Mar 10, 2016	M	8,604	—	A	82,373	D
Common Stock	Mar 10, 2016	F	4,049	$42.20	D	78,324	D
Common Stock^F3	Mar 10, 2016	M	2,140	—	A	80,464	D
Common Stock	Mar 10, 2016	F	1,007	$42.20	D	79,457	D
Common Stock^F4	Mar 10, 2016	M	7,344	—	A	86,801	D
Common Stock	Mar 10, 2016	F	3,456	$42.20	D	83,345	D
Common Stock^F5	Mar 10, 2016	M	1,874	—	A	85,219	D
Common Stock	Mar 10, 2016	F	882	$42.20	D	84,337	D
Common Stock	holding	—	—		—	3	I	By Son

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, 2016	M	12,369	D	—	Mar 10, 2016	Common Stock	12,369	0	D
Restricted Stock Unit^F2	$0.00	Mar 10, 2016	M	8,604	D	—	Mar 10, 2017	Common Stock	8,604	8,604	D
Restricted Stock Unit^F3	$0.00	Mar 10, 2016	M	2,140	D	—	Mar 10, 2017	Common Stock	2,140	2,141	D
Restricted Stock Unit^F4	$0.00	Mar 10, 2016	M	7,344	D	—	Mar 10, 2018	Common Stock	7,344	14,686	D
Restricted Stock Unit^F5	$0.00	Mar 10, 2016	M	1,874	D	—	Mar 10, 2018	Common Stock	1,874	3,746	D

F1The shares represent the partial settlement under a performance-based RSU award granted March 6, 2013. One-third of the RSU vested and became distributable on March 10, 2016 and was converted to 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 March 5, 2014. One-third of the RSU vested and became distributable on March 10, 2016 and was converted to common stock on a one-for-one basis on the vesting date.
F3The shares represent the partial settlement under a time-based RSU award granted March 5, 2014. One-third of the RSU vested and became distributable on March 10, 2016 and was converted to common stock on a one-for-one basis on the vesting date.
F4The shares represent the partial settlement under a performance-based RSU award granted March 9, 2015. One-third of the RSU vested and became distributable on March 10, 2016 and was converted to common stock on a one-for-one basis on the vesting date.
F5The shares represent the partial settlement under a time-based RSU award granted March 9, 2015. One-third of the RSU vested and became distributable on March 10, 2016 and was converted to common stock on a one-for-one basis on the vesting date.