SEC Form 4 · accession 0000886346-17-000050

KADANT INC · KAI

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

Reporting owner

Officer — EXECUTIVE VICE PRESIDENT

Period of report

Mar 10, 2017

Accepted (ET)

Mar 14, 2017 · 10:32 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	2,729	—	A	9,418	D
Common Stock	Mar 10, 2017	F	886	$57.80	D	8,532	D
Common Stock^F2	Mar 10, 2017	M	679	—	A	9,211	D
Common Stock	Mar 10, 2017	F	221	$57.80	D	8,990	D
Common Stock^F3	Mar 10, 2017	M	2,372	—	A	11,362	D
Common Stock	Mar 10, 2017	F	770	$57.80	D	10,592	D
Common Stock^F4	Mar 10, 2017	M	605	—	A	11,197	D
Common Stock	Mar 10, 2017	F	197	$57.80	D	11,000	D
Common Stock^F5	Mar 10, 2017	M	2,804	—	A	13,804	D
Common Stock	Mar 10, 2017	F	910	$57.80	D	12,894	D
Common Stock^F6	Mar 10, 2017	M	718	—	A	13,612	D
Common Stock	Mar 10, 2017	F	233	$57.80	D	13,379	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	2,729	D	—	Mar 10, 2017	Common Stock	2,729	0	D
Restricted Stock Unit^F2	$0.00	Mar 10, 2017	M	679	D	—	Mar 10, 2017	Common Stock	679	0	D
Restricted Stock Unit^F3	$0.00	Mar 10, 2017	M	2,372	D	—	Mar 10, 2018	Common Stock	2,372	2,373	D
Restricted Stock Unit^F4	$0.00	Mar 10, 2017	M	605	D	—	Mar 10, 2018	Common Stock	605	605	D
Restricted Stock Unit^F5	$0.00	Mar 10, 2017	M	2,804	D	—	Mar 31, 2019	Common Stock	2,804	5,606	D
Restricted Stock Unit^F6	$0.00	Mar 10, 2017	M	718	D	—	Mar 31, 2019	Common Stock	718	1,436	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.