SEC Form 4 · accession 0000886346-17-000046

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, 2017

Accepted (ET)

Mar 14, 2017 · 10:30 am 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, 2017	M	948	—	A	20,167	D
Common Stock	Mar 10, 2017	F	308	$57.80	D	19,859	D
Common Stock^F2	Mar 10, 2017	M	236	—	A	20,095	D
Common Stock	Mar 10, 2017	F	77	$57.80	D	20,018	D
Common Stock^F3	Mar 10, 2017	M	809	—	A	20,827	D
Common Stock	Mar 10, 2017	F	263	$57.80	D	20,564	D
Common Stock^F4	Mar 10, 2017	M	206	—	A	20,770	D
Common Stock	Mar 10, 2017	F	67	$57.80	D	20,703	D
Common Stock^F5	Mar 10, 2017	M	1,169	—	A	21,872	D
Common Stock	Mar 10, 2017	F	380	$57.80	D	21,492	D
Common Stock^F6	Mar 10, 2017	M	300	—	A	21,792	D
Common Stock	Mar 10, 2017	F	98	$57.80	D	21,694	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, 2017	M	948	D	—	Mar 10, 2017	Common Stock	948	0	D
Restricted Stock Unit^F2	$0.00	Mar 10, 2017	M	236	D	—	Mar 10, 2017	Common Stock	236	0	D
Restricted Stock Unit^F3	$0.00	Mar 10, 2017	M	809	D	—	Mar 10, 2018	Common Stock	809	809	D
Restricted Stock Unit^F4	$0.00	Mar 10, 2017	M	206	D	—	Mar 10, 2018	Common Stock	206	206	D
Restricted Stock Unit^F5	$0.00	Mar 10, 2017	M	1,169	D	—	Mar 31, 2019	Common Stock	1,169	2,336	D
Restricted Stock Unit^F6	$0.00	Mar 10, 2017	M	300	D	—	Mar 31, 2019	Common Stock	300	598	D

F1The 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, 2017 and was converted to common stock on a one-for-one basis on the vesting date.
F2The 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, 2017 and was converted to 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 March 9, 2015. One-third of the RSU vested and became distributable on March 10, 2017 and was converted to 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 March 9, 2015. One-third of the RSU vested and became distributable on March 10, 2017 and was converted to common stock on a one-for-one basis on the vesting date.
F5The shares represent the partial settlement under a performance-based RSU award granted March 8, 2016. One-third of the RSU vested and became distributable on March 10, 2017 and was converted to common stock on a one-for-one basis on the vesting date.
F6The shares represent the partial settlement under a time-based RSU award granted March 8, 2016. One-third of the RSU vested and became distributable on March 10, 2017 and was converted to common stock on a one-for-one basis on the vesting date.