SEC Form 4 · accession 0000886346-19-000047

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 · 4:32 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	2,618	—	A	37,205	D
Common Stock	Mar 10, 2019	F	885	$85.97	D	36,320	D
Common Stock^F2	Mar 10, 2019	M	670	—	A	36,990	D
Common Stock	Mar 10, 2019	F	298	$85.97	D	36,692	D
Common Stock^F3	Mar 10, 2019	M	2,676	—	A	39,368	D
Common Stock	Mar 10, 2019	F	787	$85.97	D	38,581	D
Common Stock^F4	Mar 10, 2019	M	446	—	A	39,027	D
Common Stock	Mar 10, 2019	F	199	$85.97	D	38,828	D
Common Stock^F5	Mar 10, 2019	M	1,335	—	A	40,163	D
Common Stock	Mar 10, 2019	F	593	$85.97	D	39,570	D
Common Stock^F6	Mar 10, 2019	M	280	—	A	39,850	D
Common Stock	Mar 10, 2019	F	125	$85.97	D	39,725	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	2,618	D	—	Mar 31, 2019	Common Stock	2,618	0	D
Restricted Stock Unit^F2	$0.00	Mar 10, 2019	M	670	D	—	Mar 31, 2019	Common Stock	670	0	D
Restricted Stock Unit^F3	$0.00	Mar 10, 2019	M	2,676	D	—	Apr 30, 2020	Common Stock	2,676	2,676	D
Restricted Stock Unit^F4	$0.00	Mar 10, 2019	M	446	D	—	Apr 30, 2020	Common Stock	446	446	D
Restricted Stock Unit^F5	$0.00	Mar 10, 2019	M	1,335	D	—	Apr 30, 2021	Common Stock	1,335	2,670	D
Restricted Stock Unit^F6	$0.00	Mar 10, 2019	M	280	D	—	Apr 30, 2021	Common Stock	280	559	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.