SEC Form 4 · accession 0000886346-19-000040

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, 2019

Accepted (ET)

Mar 12, 2019 · 4:16 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, 2019	M	2,803	—	A	9,053	D
Common Stock	Mar 10, 2019	F	1,058	$85.97	D	7,995	D
Common Stock^F2	Mar 10, 2019	M	718	—	A	8,713	D
Common Stock	Mar 10, 2019	F	319	$85.97	D	8,394	D
Common Stock^F3	Mar 10, 2019	M	3,149	—	A	11,543	D
Common Stock	Mar 10, 2019	F	926	$85.97	D	10,617	D
Common Stock^F4	Mar 10, 2019	M	525	—	A	11,142	D
Common Stock	Mar 10, 2019	F	234	$85.97	D	10,908	D
Common Stock^F5	Mar 10, 2019	M	2,002	—	A	12,910	D
Common Stock	Mar 10, 2019	F	889	$85.97	D	12,021	D
Common Stock^F6	Mar 10, 2019	M	420	—	A	12,441	D
Common Stock	Mar 10, 2019	F	187	$85.97	D	12,254	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, 2019	M	2,803	D	—	Mar 31, 2019	Common Stock	2,803	0	D
Restricted Stock Unit^F2	$0.00	Mar 10, 2019	M	718	D	—	Mar 31, 2019	Common Stock	718	0	D
Restricted Stock Unit^F3	$0.00	Mar 10, 2019	M	3,149	D	—	Apr 30, 2020	Common Stock	3,149	3,150	D
Restricted Stock Unit^F4	$0.00	Mar 10, 2019	M	525	D	—	Apr 30, 2020	Common Stock	525	525	D
Restricted Stock Unit^F5	$0.00	Mar 10, 2019	M	2,002	D	—	Apr 30, 2021	Common Stock	2,002	4,004	D
Restricted Stock Unit^F6	$0.00	Mar 10, 2019	M	420	D	—	Apr 30, 2021	Common Stock	420	838	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.