SEC Form 4 · accession 0000886346-17-000049

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, 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	8,604	—	A	70,556	D
Common Stock	Mar 10, 2017	F	4,049	$57.80	D	66,507	D
Common Stock^F2	Mar 10, 2017	M	2,141	—	A	68,648	D
Common Stock	Mar 10, 2017	F	1,008	$57.80	D	67,640	D
Common Stock^F3	Mar 10, 2017	M	7,343	—	A	74,983	D
Common Stock	Mar 10, 2017	F	3,455	$57.80	D	71,528	D
Common Stock^F4	Mar 10, 2017	M	1,873	—	A	73,401	D
Common Stock	Mar 10, 2017	F	882	$57.80	D	72,519	D
Common Stock^F5	Mar 10, 2017	M	9,281	—	A	81,800	D
Common Stock	Mar 10, 2017	F	4,367	$57.80	D	77,433	D
Common Stock^F6	Mar 10, 2017	M	2,378	—	A	79,811	D
Common Stock	Mar 10, 2017	F	1,119	$57.80	D	78,692	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	8,604	D	—	Mar 10, 2017	Common Stock	8,604	0	D
Restricted Stock Unit^F2	$0.00	Mar 10, 2017	M	2,141	D	—	Mar 10, 2017	Common Stock	2,141	0	D
Restricted Stock Unit^F3	$0.00	Mar 10, 2017	M	7,343	D	—	Mar 10, 2018	Common Stock	7,343	7,343	D
Restricted Stock Unit^F4	$0.00	Mar 10, 2017	M	1,873	D	—	Mar 10, 2018	Common Stock	1,873	1,873	D
Restricted Stock Unit^F5	$0.00	Mar 10, 2017	M	9,281	D	—	Mar 31, 2019	Common Stock	9,281	18,562	D
Restricted Stock Unit^F6	$0.00	Mar 10, 2017	M	2,378	D	—	Mar 31, 2019	Common Stock	2,378	4,754	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.