KADANT INC — Director's Dealing 2013

Mar 12, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2013-03-10

Reporting Person: LAMBERT SANDRA L (VP, GENERAL COUNSEL, SECRETARY)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-10	Common Stock	M	1453	—	Acquired	33732	Direct
2013-03-10	Common Stock	F	474	$26.58	Disposed	33258	Direct
2013-03-10	Common Stock	M	1455	—	Acquired	34713	Direct
2013-03-10	Common Stock	F	475	$26.58	Disposed	34238	Direct
2013-03-10	Common Stock	M	1465	—	Acquired	35703	Direct
2013-03-10	Common Stock	F	478	$26.58	Disposed	35225	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-03-10	Restricted Stock Unit	$0.	M	1453	Disposed	2013-03-10	Common Stock (1453)	Direct
2013-03-10	Restricted Stock Unit	$0.	M	2909	Disposed	2014-03-10	Common Stock (1455)	Direct
2013-03-10	Restricted Stock Unit	$0.	M	4394	Disposed	2015-03-10	Common Stock (1465)	Direct

Footnotes

F1: The shares represent the partial settlement under a RSU award granted 3/3/2010. One-third of the RSU vested on 3/10/2013 and was converted to vested common stock on a one-for-one basis on the vesting date.

F2: The shares represent the partial settlement under a RSU award granted 3/9/2011. One-third of the RSU vested on 3/10/2013 and was converted to common stock on a one-for-one basis on the vesting date.

F3: The shares represent the partial settlement under a RSU award granted 3/7/2012. One-third of the RSU vested on 3/10/2013 and was converted to vested common stock on a one-for-one basis on the vesting date.