SEC Form 4 · accession 0000886346-19-000042

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, 2019

Accepted (ET)

Mar 12, 2019 · 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
Common Stock^F1	Mar 10, 2019	M	433	—	A	13,135	D
Common Stock	Mar 10, 2019	F	128	$85.97	D	13,007	D
Common Stock^F2	Mar 10, 2019	M	111	—	A	13,118	D
Common Stock	Mar 10, 2019	F	33	$85.97	D	13,085	D
Common Stock^F3	Mar 10, 2019	M	477	—	A	13,562	D
Common Stock	Mar 10, 2019	F	141	$85.97	D	13,421	D
Common Stock^F4	Mar 10, 2019	M	80	—	A	13,501	D
Common Stock	Mar 10, 2019	F	24	$85.97	D	13,477	D
Common Stock^F5	Mar 10, 2019	M	334	—	A	13,811	D
Common Stock	Mar 10, 2019	F	99	$85.97	D	13,712	D
Common Stock^F6	Mar 10, 2019	M	70	—	A	13,782	D
Common Stock	Mar 10, 2019	F	21	$85.97	D	13,761	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	433	D	—	Mar 31, 2019	Common Stock	433	0	D
Restricted Stock Unit^F2	$0.00	Mar 10, 2019	M	111	D	—	Mar 31, 2019	Common Stock	111	0	D
Restricted Stock Unit^F3	$0.00	Mar 10, 2019	M	477	D	—	Apr 30, 2020	Common Stock	477	479	D
Restricted Stock Unit^F4	$0.00	Mar 10, 2019	M	80	D	—	Apr 30, 2020	Common Stock	80	79	D
Restricted Stock Unit^F5	$0.00	Mar 10, 2019	M	334	D	—	Apr 30, 2021	Common Stock	334	667	D
Restricted Stock Unit^F6	$0.00	Mar 10, 2019	M	70	D	—	Apr 30, 2021	Common Stock	70	140	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.