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KADANT INC — Director's Dealing 2011
Jan 4, 2011
31258_dirs_2011-01-04_008c6b9b-04df-4937-80f9-9814b22a6afa.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2011-01-01
Reporting Person: RAINVILLE WILLIAM A (Director, EXECUTIVE CHAIRMAN)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-01-01 | Common Stock | M | 20400 | — | Acquired | 236471 | Direct |
| 2011-01-01 | Common Stock | F | 6287 | $23.57 | Disposed | 230184 | Direct |
| 2011-01-01 | Common Stock | M | 16027 | — | Acquired | 246211 | Direct |
| 2011-01-01 | Common Stock | F | 4627 | $23.57 | Disposed | 243150 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-01-01 | Restricted Stock Unit | $0 | M | 20400 | Disposed | 2011-01-01 | Common Stock (20400) | Direct |
| 2011-01-01 | Restricted Stock Unit | $0 | M | 16027 | Disposed | 2011-01-01 | Common Stock (16027) | Direct |
Footnotes
F1: The shares issued represent the final settlement under a restricted stock unit ("RSU") award granted March 8, 2008. The RSU vested 100% on 01/01/2011 and was converted to vested common stock on a one-for-one basis on the vesting date.
F2: The shares issued represent the settlement under a RSU award granted March 3, 2009. The RSU vested 2/3 on 01/01/2011 and was converted to vested common stock on a one-for-one basis on the vesting date.
F3: Includes 1566 shares acquired in an exempt transaction pursuant to the Issuer's ESPP on December 31, 2010.