KADANT INC — Director's Dealing 2014

Aug 19, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2014-08-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-15	Common Stock	M	869	$21.91	Acquired	21621	Direct
2014-08-15	Common Stock	S	1648	$40	Disposed	19973	Direct
2014-08-18	Common Stock	S	1356	$40.	Disposed	18617	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-08-11	Stock Option (Right to Buy)	$21.91	M	869	Disposed	2022-03-07	Common Stock (869)	Direct

Footnotes

F1: The transactions reported on this Form 4 were executed pursuant to a Rule 10-b-5-1 trading plan adopted December 23, 2013.