SEC Form 4 · accession 0000886346-19-000049

KADANT INC · KAI

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

Reporting owner

Officer — VP, General Counsel, Secretary

Period of report

Mar 10, 2019

Accepted (ET)

Mar 12, 2019 · 4:36 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	501	—	A	827	D
Common Stock	Mar 10, 2019	F	148	$85.97	D	679	D
Common Stock^F2	Mar 10, 2019	M	418	—	A	1,097	D
Common Stock	Mar 10, 2019	F	123	$85.97	D	974	D
Common Stock^F3	Mar 10, 2019	M	88	—	A	1,062	D
Common Stock	Mar 10, 2019	F	26	$85.97	D	1,036	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	501	D	—	Apr 30, 2020	Common Stock	501	500	D
Restricted Stock Unit^F2	$0.00	Mar 10, 2019	M	418	D	—	Apr 30, 2021	Common Stock	418	834	D
Restricted Stock Unit^F3	$0.00	Mar 10, 2019	M	88	D	—	Apr 30, 2021	Common Stock	88	174	D

F1The shares represent the partial settlement under a time-based RSU award granted November 15, 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.
F2The 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.
F3The 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.