SEC Form 4 · accession 0000886346-18-000037

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, 2018

Accepted (ET)

Mar 13, 2018 · 5:58 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
Common Stock^F1	Mar 10, 2018	M	809	—	A	13,999	D
Common Stock	Mar 10, 2018	F	261	$104.35	D	13,738	D
Common Stock^F2	Mar 10, 2018	M	206	—	A	13,944	D
Common Stock	Mar 10, 2018	F	92	$104.35	D	13,852	D
Common Stock^F3	Mar 10, 2018	M	1,168	—	A	15,020	D
Common Stock	Mar 10, 2018	F	344	$104.35	D	14,676	D
Common Stock^F4	Mar 10, 2018	M	299	—	A	14,975	D
Common Stock	Mar 10, 2018	F	133	$104.35	D	14,842	D
Common Stock^F5	Mar 10, 2018	M	1,196	—	A	16,038	D
Common Stock	Mar 10, 2018	F	353	$104.35	D	15,685	D
Common Stock^F6	Mar 10, 2018	M	199	—	A	15,884	D
Common Stock	Mar 10, 2018	F	89	$104.35	D	15,795	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, 2018	M	809	D	—	Mar 10, 2018	Common Stock	809	0	D
Restricted Stock Unit^F2	$0.00	Mar 10, 2018	M	206	D	—	Mar 10, 2018	Common Stock	206	0	D
Restricted Stock Unit^F3	$0.00	Mar 10, 2018	M	1,168	D	—	Mar 31, 2019	Common Stock	1,168	1,168	D
Restricted Stock Unit^F4	$0.00	Mar 10, 2018	M	299	D	—	Mar 31, 2019	Common Stock	299	299	D
Restricted Stock Unit^F5	$0.00	Mar 10, 2018	M	1,196	D	—	Mar 31, 2020	Common Stock	1,196	2,388	D
Restricted Stock Unit^F6	$0.00	Mar 10, 2018	M	199	D	—	Mar 31, 2020	Common Stock	199	398	D

F1The 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, 2018 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 9, 2015. One-third of the RSU vested and became distributable on March 10, 2018 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 8, 2016. One-third of the RSU vested and became distributable on March 10, 2018 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 8, 2016. One-third of the RSU vested and became distributable on March 10, 2018 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, 2017. One-third of the RSU vested and became distributable on March 10, 2018 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, 2017. One-third of the RSU vested and became distributable on March 10, 2018 and was converted to common stock on a one-for-one basis on the vesting date.