SEC Form 4/A · accession 0000886346-17-000129
KADANT INC · KAI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Deborah Selwood
Officer — VICE PRESIDENT & CAO
Period of report
Mar 10, 2017
Accepted (ET)
Sep 22, 2017 · 2:43 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,F2 | Mar 10, 2017 | M | 455 | — | A | 10,592 | D | |
| Common StockF2 | Mar 10, 2017 | F | 144 | $57.80 | D | 10,448 | D | |
| Common StockF3,F2 | Mar 10, 2017 | M | 398 | — | A | 10,846 | D | |
| Common StockF2 | Mar 10, 2017 | F | 130 | $57.80 | D | 10,716 | D | |
| Common StockF4,F2 | Mar 10, 2017 | M | 434 | — | A | 11,150 | D | |
| Common StockF2 | Mar 10, 2017 | F | 138 | $57.80 | D | 11,012 | D | |
| Common StockF5,F2 | Mar 10, 2017 | M | 112 | — | A | 11,124 | D | |
| Common StockF2 | Mar 10, 2017 | F | 37 | $57.80 | D | 11,087 | 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 UnitF1 | $0.00 | Mar 10, 2017 | M | 455 | D | — | Mar 10, 2017 | Common Stock | 455 | 0 | D |
| Restricted Stock UnitF3 | $0.00 | Mar 10, 2017 | M | 398 | D | — | Mar 10, 2018 | Common Stock | 398 | 398 | D |
| Restricted Stock UnitF4 | $0.00 | Mar 10, 2017 | M | 434 | D | — | Mar 31, 2019 | Common Stock | 434 | 867 | D |
| Restricted Stock UnitF5 | $0.00 | Mar 10, 2017 | M | 112 | D | — | Mar 31, 2019 | Common Stock | 112 | 222 | D |
Explanation of responses
- F1The 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.
- F2This amendment has been filed to correct the total amount of securities beneficially owned following reported transactions, reported in Column 5 in Table I. In all other respects, the report is unchanged.
- F3The 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.
- F4The 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.
- F5The 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.