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: Powell Jeffrey L (EXECUTIVE VICE PRESIDENT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-10	Common Stock	M	3372	—	Acquired	15337	Direct
2013-03-10	Common Stock	F	1100	$26.58	Disposed	14237	Direct
2013-03-10	Common Stock	M	3526	—	Acquired	17763	Direct
2013-03-10	Common Stock	F	1150	$26.58	Disposed	16613	Direct
2013-03-10	Common Stock	M	3551	—	Acquired	20164	Direct
2013-03-10	Common Stock	F	1158	$26.58	Disposed	19006	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-03-10	Restricted Stock Unit	$0.	M	3372	Disposed	2013-03-10	Common Stock (3372)	Direct
2013-03-10	Restricted Stock Unit	$0.	M	7052	Disposed	2014-03-10	Common Stock (3526)	Direct
2013-03-10	Restricted Stock Unit	$0.	M	10653	Disposed	2015-03-10	Common Stock (3551)	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 vested 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.