SEC Form 4 · accession 0000886346-18-000042

KADANT INC · KAI

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

Reporting owner

Officer — EVP & Co-COO

Period of report

Mar 10, 2018

Accepted (ET)

Mar 13, 2018 · 6:15 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	2,179	—	A	30,869	D
Common Stock	Mar 10, 2018	F	969	$104.35	D	29,900	D
Common Stock^F2	Mar 10, 2018	M	556	—	A	30,456	D
Common Stock	Mar 10, 2018	F	248	$104.35	D	30,208	D
Common Stock^F3	Mar 10, 2018	M	2,618	—	A	32,826	D
Common Stock	Mar 10, 2018	F	996	$104.35	D	31,830	D
Common Stock^F4	Mar 10, 2018	M	671	—	A	32,501	D
Common Stock	Mar 10, 2018	F	299	$104.35	D	32,202	D
Common Stock^F5	Mar 10, 2018	M	2,678	—	A	34,880	D
Common Stock	Mar 10, 2018	F	789	$104.35	D	34,091	D
Common Stock^F6	Mar 10, 2018	M	446	—	A	34,537	D
Common Stock	Mar 10, 2018	F	199	$104.35	D	34,338	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	2,179	D	—	Mar 10, 2018	Common Stock	2,179	0	D
Restricted Stock Unit^F2	$0.00	Mar 10, 2018	M	556	D	—	Mar 10, 2018	Common Stock	556	0	D
Restricted Stock Unit^F3	$0.00	Mar 10, 2018	M	2,618	D	—	Mar 31, 2019	Common Stock	2,618	2,618	D
Restricted Stock Unit^F4	$0.00	Mar 10, 2018	M	671	D	—	Mar 31, 2019	Common Stock	671	670	D
Restricted Stock Unit^F5	$0.00	Mar 10, 2018	M	2,678	D	—	Mar 31, 2020	Common Stock	2,678	5,352	D
Restricted Stock Unit^F6	$0.00	Mar 10, 2018	M	446	D	—	Mar 31, 2020	Common Stock	446	892	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.