SEC Form 4 · accession 0000886346-18-000038

KADANT INC · KAI

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

Reporting owner

Officer — EXECUTIVE VICE PRESIDENT & CFO

Period of report

Mar 10, 2018

Accepted (ET)

Mar 13, 2018 · 5:59 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	14,531	D
Common Stock	Mar 10, 2018	F	239	$104.35	D	14,292	D
Common Stock^F2	Mar 10, 2018	M	206	—	A	14,498	D
Common Stock	Mar 10, 2018	F	61	$104.35	D	14,437	D
Common Stock^F3	Mar 10, 2018	M	1,201	—	A	15,638	D
Common Stock	Mar 10, 2018	F	354	$104.35	D	15,284	D
Common Stock^F4	Mar 10, 2018	M	308	—	A	15,592	D
Common Stock	Mar 10, 2018	F	91	$104.35	D	15,501	D
Common Stock^F5	Mar 10, 2018	M	1,365	—	A	16,866	D
Common Stock	Mar 10, 2018	F	402	$104.35	D	16,464	D
Common Stock^F6	Mar 10, 2018	M	228	—	A	16,692	D
Common Stock	Mar 10, 2018	F	68	$104.35	D	16,624	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	1,201	D	—	Mar 31, 2019	Common Stock	1,201	1,201	D
Restricted Stock Unit^F4	$0.00	Mar 10, 2018	M	308	D	—	Mar 31, 2019	Common Stock	308	308	D
Restricted Stock Unit^F5	$0.00	Mar 10, 2018	M	1,365	D	—	Mar 31, 2020	Common Stock	1,365	2,730	D
Restricted Stock Unit^F6	$0.00	Mar 10, 2018	M	228	D	—	Mar 31, 2020	Common Stock	228	455	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.