SEC Form 4 · accession 0000886346-19-000045

KADANT INC · KAI

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

Reporting owner

Officer — EXECUTIVE VICE PRESIDENT & CFO

Period of report

Mar 10, 2019

Accepted (ET)

Mar 12, 2019 · 4:26 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	1,201	—	A	13,074	D
Common Stock	Mar 10, 2019	F	354	$85.97	D	12,720	D
Common Stock^F2	Mar 10, 2019	M	308	—	A	13,028	D
Common Stock	Mar 10, 2019	F	91	$85.97	D	12,937	D
Common Stock^F3	Mar 10, 2019	M	1,365	—	A	14,302	D
Common Stock	Mar 10, 2019	F	402	$85.97	D	13,900	D
Common Stock^F4	Mar 10, 2019	M	228	—	A	14,128	D
Common Stock	Mar 10, 2019	F	68	$85.97	D	14,060	D
Common Stock^F5	Mar 10, 2019	M	1,169	—	A	15,229	D
Common Stock	Mar 10, 2019	F	344	$85.97	D	14,885	D
Common Stock^F6	Mar 10, 2019	M	245	—	A	15,130	D
Common Stock	Mar 10, 2019	F	73	$85.97	D	15,057	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	1,201	D	—	Mar 31, 2019	Common Stock	1,201	0	D
Restricted Stock Unit^F2	$0.00	Mar 10, 2019	M	308	D	—	Mar 31, 2019	Common Stock	308	0	D
Restricted Stock Unit^F3	$0.00	Mar 10, 2019	M	1,365	D	—	Apr 30, 2020	Common Stock	1,365	1,365	D
Restricted Stock Unit^F4	$0.00	Mar 10, 2019	M	228	D	—	Apr 30, 2020	Common Stock	228	227	D
Restricted Stock Unit^F5	$0.00	Mar 10, 2019	M	1,169	D	—	Apr 30, 2021	Common Stock	1,169	2,336	D
Restricted Stock Unit^F6	$0.00	Mar 10, 2019	M	245	D	—	Apr 30, 2021	Common Stock	245	489	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.