SEC Form 4 · accession 0000886346-19-000038

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, 2019

Accepted (ET)

Mar 12, 2019 · 4:11 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, 2019	M	9,281	—	A	86,373	D
Common Stock	Mar 10, 2019	F	4,121	$85.97	D	82,252	D
Common Stock^F2	Mar 10, 2019	M	2,377	—	A	84,629	D
Common Stock	Mar 10, 2019	F	1,056	$85.97	D	83,573	D
Common Stock^F3	Mar 10, 2019	M	9,488	—	A	93,061	D
Common Stock	Mar 10, 2019	F	4,213	$85.97	D	88,848	D
Common Stock^F4	Mar 10, 2019	M	1,581	—	A	90,429	D
Common Stock	Mar 10, 2019	F	702	$85.97	D	89,727	D
Common Stock^F5	Mar 10, 2019	M	5,341	—	A	95,068	D
Common Stock	Mar 10, 2019	F	2,372	$85.97	D	92,696	D
Common Stock^F6	Mar 10, 2019	M	1,118	—	A	93,814	D
Common Stock	Mar 10, 2019	F	497	$85.97	D	93,317	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, 2019	M	9,281	D	—	Mar 31, 2019	Common Stock	9,281	0	D
Restricted Stock Unit^F2	$0.00	Mar 10, 2019	M	2,377	D	—	Mar 31, 2019	Common Stock	2,377	0	D
Restricted Stock Unit^F3	$0.00	Mar 10, 2019	M	9,488	D	—	Apr 30, 2020	Common Stock	9,488	9,488	D
Restricted Stock Unit^F4	$0.00	Mar 10, 2019	M	1,581	D	—	Apr 30, 2020	Common Stock	1,581	1,581	D
Restricted Stock Unit^F5	$0.00	Mar 10, 2019	M	5,341	D	—	Apr 30, 2021	Common Stock	5,341	10,680	D
Restricted Stock Unit^F6	$0.00	Mar 10, 2019	M	1,118	D	—	Apr 30, 2021	Common Stock	1,118	2,236	D

F1The 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, 2019 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 8, 2016. One-third of the RSU vested and became distributable on March 10, 2019 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, 2017. One-third of the RSU vested and became distributable on March 10, 2019 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, 2017. One-third of the RSU vested and became distributable on March 10, 2019 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 7, 2018. One-third of the RSU vested and became distributable on March 10, 2019 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 7, 2018. One-third of the RSU vested and became distributable on March 10, 2019 and was converted to common stock on a one-for-one basis on the vesting date.