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KADANT INC — Director's Dealing 2013
Mar 12, 2013
31258_dirs_2013-03-12_fa14db47-2c41-427d-9f93-8a8e536d0e57.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: 2013-03-10
Reporting Person: Langevin Eric T (EXECUTIVE VICE PRESIDENT, COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-03-10 | Common Stock | M | 3921 | — | Acquired | 30853 | Direct |
| 2013-03-10 | Common Stock | F | 1279 | $26.58 | Disposed | 29574 | Direct |
| 2013-03-10 | Common Stock | M | 3915 | — | Acquired | 33489 | Direct |
| 2013-03-10 | Common Stock | F | 1277 | $26.58 | Disposed | 32212 | Direct |
| 2013-03-10 | Common Stock | M | 3943 | — | Acquired | 36155 | Direct |
| 2013-03-10 | Common Stock | F | 1286 | $26.58 | Disposed | 34869 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-03-10 | Restricted Stock Unit | $0. | M | 3921 | Disposed | 2013-03-10 | Common Stock (3921) | Direct |
| 2013-03-10 | Retricted Stock Unit | $0. | M | 7830 | Disposed | 2014-03-10 | Common Stock (3915) | Direct |
| 2013-03-10 | Restricted Stock Unit | $0. | M | 11830 | Disposed | 2015-03-10 | Common Stock (3943) | 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.