SEC Form 4 · accession 0000886346-17-000047

KADANT INC · KAI

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

Reporting owner

Officer — EXECUTIVE VICE PRESIDENT, COO

Period of report

Mar 10, 2017

Accepted (ET)

Mar 14, 2017 · 10:31 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	2,552	—	A	34,616	D
Common Stock	Mar 10, 2017	F	829	$57.80	D	33,787	D
Common Stock^F2	Mar 10, 2017	M	635	—	A	34,422	D
Common Stock	Mar 10, 2017	F	207	$57.80	D	34,215	D
Common Stock^F3	Mar 10, 2017	M	2,178	—	A	36,393	D
Common Stock	Mar 10, 2017	F	707	$57.80	D	35,686	D
Common Stock^F4	Mar 10, 2017	M	555	—	A	36,241	D
Common Stock	Mar 10, 2017	F	181	$57.80	D	36,060	D
Common Stock^F5	Mar 10, 2017	M	2,619	—	A	38,679	D
Common Stock	Mar 10, 2017	F	850	$57.80	D	37,829	D
Common Stock^F6	Mar 10, 2017	M	671	—	A	38,500	D
Common Stock	Mar 10, 2017	F	218	$57.80	D	38,282	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	2,552	D	—	Mar 10, 2017	Common Stock	2,552	0	D
Restricted Stock Unit^F2	$0.00	Mar 10, 2017	M	635	D	—	Mar 10, 2017	Common Stock	635	0	D
Restricted Stock Unit^F3	$0.00	Mar 10, 2017	M	2,178	D	—	Mar 10, 2018	Common Stock	2,178	2,179	D
Restricted Stock Unit^F4	$0.00	Mar 10, 2017	M	555	D	—	Mar 10, 2018	Common Stock	555	556	D
Restricted Stock Unit^F5	$0.00	Mar 10, 2017	M	2,619	D	—	Mar 31, 2019	Common Stock	2,619	5,236	D
Restricted Stock Unit^F6	$0.00	Mar 10, 2017	M	671	D	—	Mar 31, 2019	Common Stock	671	1,341	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.