SEC Form 4 · accession 0000886346-18-000040

KADANT INC · KAI

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

Reporting owner

Officer — VICE PRESIDENT & CAO

Period of report

Mar 10, 2018

Accepted (ET)

Mar 13, 2018 · 6:04 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	398	—	A	11,794	D
Common Stock	Mar 10, 2018	F	118	$104.35	D	11,676	D
Common Stock^F2	Mar 10, 2018	M	434	—	A	12,110	D
Common Stock	Mar 10, 2018	F	128	$104.35	D	11,982	D
Common Stock^F3	Mar 10, 2018	M	111	—	A	12,093	D
Common Stock	Mar 10, 2018	F	33	$104.35	D	12,060	D
Common Stock^F4	Mar 10, 2018	M	479	—	A	12,539	D
Common Stock	Mar 10, 2018	F	142	$104.35	D	12,397	D
Common Stock^F5	Mar 10, 2018	M	80	—	A	12,477	D
Common Stock	Mar 10, 2018	F	24	$104.35	D	12,453	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	398	D	—	Mar 10, 2018	Common Stock	398	0	D
Restricted Stock Unit^F2	$0.00	Mar 10, 2018	M	434	D	—	Mar 31, 2019	Common Stock	434	433	D
Restricted Stock Unit^F3	$0.00	Mar 10, 2018	M	111	D	—	Mar 31, 2019	Common Stock	111	111	D
Restricted Stock Unit^F4	$0.00	Mar 10, 2018	M	479	D	—	Mar 31, 2020	Common Stock	479	956	D
Restricted Stock Unit^F5	$0.00	Mar 10, 2018	M	80	D	—	Mar 31, 2020	Common Stock	80	159	D

F1The 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.
F2The 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.
F3The 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.
F4The 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.
F5The 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.