SEC Form 4 · accession 0000886346-18-000039

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, 2018

Accepted (ET)

Mar 13, 2018 · 6:01 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 Stock^F1	Mar 10, 2018	M	7,343	—	A	66,443	D
Common Stock	Mar 10, 2018	F	3,264	$104.35	D	63,179	D
Common Stock^F2	Mar 10, 2018	M	1,873	—	A	65,052	D
Common Stock	Mar 10, 2018	F	833	$104.35	D	64,219	D
Common Stock^F3	Mar 10, 2018	M	9,281	—	A	73,500	D
Common Stock	Mar 10, 2018	F	4,126	$104.35	D	69,374	D
Common Stock^F4	Mar 10, 2018	M	2,377	—	A	71,751	D
Common Stock	Mar 10, 2018	F	1,057	$104.35	D	70,694	D
Common Stock^F5	Mar 10, 2018	M	9,489	—	A	80,183	D
Common Stock	Mar 10, 2018	F	4,218	$104.35	D	75,965	D
Common Stock^F6	Mar 10, 2018	M	1,582	—	A	77,547	D
Common Stock	Mar 10, 2018	F	704	$104.35	D	76,843	D
Common Stock	holding	—	—		—	3	I	By Son

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	7,343	D	—	Mar 10, 2018	Common Stock	7,343	0	D
Restricted Stock Unit^F2	$0.00	Mar 10, 2018	M	1,873	D	—	Mar 10, 2018	Common Stock	1,873	0	D
Restricted Stock Unit^F3	$0.00	Mar 10, 2018	M	9,281	D	—	Mar 31, 2019	Common Stock	9,281	9,281	D
Restricted Stock Unit^F4	$0.00	Mar 10, 2018	M	2,377	D	—	Mar 31, 2019	Common Stock	2,377	2,377	D
Restricted Stock Unit^F5	$0.00	Mar 10, 2018	M	9,489	D	—	Mar 31, 2020	Common Stock	9,489	18,976	D
Restricted Stock Unit^F6	$0.00	Mar 10, 2018	M	1,582	D	—	Mar 31, 2020	Common Stock	1,582	3,162	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.