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KADANT INC — Director's Dealing 2014
Mar 11, 2014
31258_dirs_2014-03-11_7bd0b6fe-780b-4de4-b4fa-4c4b8e3b76b6.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: 2014-03-10
Reporting Person: LAMBERT SANDRA L (VP, GENERAL COUNSEL, SECRETARY)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-03-10 | Common Stock | M | 1454 | — | Acquired | 18715 | Direct |
| 2014-03-10 | Common Stock | F | 474 | $40.07 | Disposed | 18241 | Direct |
| 2014-03-10 | Common Stock | M | 1465 | — | Acquired | 19706 | Direct |
| 2014-03-10 | Common Stock | F | 477 | $40.07 | Disposed | 19229 | Direct |
| 2014-03-10 | Common Stock | M | 1363 | — | Acquired | 20592 | Direct |
| 2014-03-10 | Common Stock | F | 444 | $40.07 | Disposed | 20148 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-03-10 | Restricted Stock Unit | $0. | M | 1454 | Disposed | 2014-03-10 | Common Stock (1454) | Direct |
| 2014-03-10 | Restricted Stock Unit | $0. | M | 1465 | Disposed | 2015-03-10 | Common Stock (1465) | Direct |
| 2014-03-10 | Restricted Stock Unit | $0. | M | 1363 | Disposed | 2016-03-10 | Common Stock (1363) | Direct |
Footnotes
F1: The shares represent the partial settlement under a RSU award granted 3/9/2011. One-third of the RSU vested on 3/10/2014 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 3/7/2012. One-third of the RSU vested on 3/10/2014 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 3/6/2013. One-third of the RSU vested on 3/10/2014 and was converted to vested common stock on a one-for-one basis on the vesting date.