KADANT INC — Director's Dealing 2014

Jun 10, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2014-06-06

Reporting Person: OBRIEN THOMAS M (CFO, EXECUTIVE VICE PRESIDENT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-06-06	Common Stock	S	300	$38.99	Disposed	25336	Direct
2014-06-09	Common Stock	S	5700	$38.99	Disposed	19636	Direct
2014-06-09	Common Stock	M	3000	$14.17	Acquired	22636	Direct
2014-06-09	Common Stock	S	3000	$38.99	Disposed	19636	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-06-09	Stock Option (Right to Buy)	$14.17	M	3000	Disposed	2020-03-03	Common Stock (3000)	Direct

Footnotes

F1: The transaction reported on this Form 4 was executed pursuant to a Rule 10b-5-1 Trading Plan adopted March 21, 2014