SEC Form 4 · accession 0000886346-16-000264
KADANT INC · KAI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas C Leonard
Director
Period of report
Jul 1, 2016
Accepted (ET)
Jul 5, 2016 · 2:30 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 1, 2016 | S | 1,250 | $52.00 | D | 20,000 | D | |
| Common StockF2 | Jul 2, 2016 | M | 1,250 | — | A | 21,250 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2 | $0.00 | Jul 2, 2016 | M | 1,250 | D | — | Jan 31, 2017 | Common Stock | 1,250 | 2,500 | D |
Explanation of responses
- F1The transactions reported on this Form 4 were executed pursuant to a Rule 10-b-5-1 Trading Plan adopted December 18, 2015.
- F2Represents partial vesting of restricted stock unit award on 07/02/2016 and delivery of shares to the reporting person pursuant to the terms of a restricted stock unit award agreement dated 03/09/2016.