SEC Form 4 · accession 0000886346-18-000102
KADANT INC · KAI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William P Tully
Director
Period of report
Sep 29, 2018
Accepted (ET)
Oct 1, 2018 · 4:20 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 StockF1 | Sep 29, 2018 | M | 675 | — | A | 6,775 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1 | $0.00 | Sep 29, 2018 | M | 675 | D | — | Jan 31, 2019 | Common Stock | 675 | 675 | D |
Explanation of responses
- F1Represents partial vesting of a restricted stock unit award on September 29, 2018 and delivery of shares to the reporting person pursuant to the terms of a restricted stock unit award agreement dated May 16, 2018. The remainder of the shares vest on the last day of the issuer's fourth quarter of fiscal 2018 provided the recipient continues to serve as a director of the issuer.