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KADANT INC — Director's Dealing 2015
May 28, 2015
31258_dirs_2015-05-28_52d9eca4-0d9e-4953-b447-31ac03c5e5d2.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: 2015-05-26
Reporting Person: OBRIEN THOMAS M (CFO, EXECUTIVE VICE PRESIDENT)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-05-26 | Common Stock | M | 5500 | $24.90 | Acquired | 22721 | Direct |
| 2015-05-26 | Common Stock | S | 5500 | $47.9962 | Disposed | 17221 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-05-26 | Stock Option (Right to Buy) | $24.9 | M | 5500 | Disposed | 2021-03-09 | Common Stock (5500.0) | Direct |
Footnotes
F1: The transactions reported on this Form 4 were executed pursuant to a Rule 10-b-5-1 trading plan adopted April 2, 2015.
F2: Represents the weighted average sale price. The actual sales prices range from $47.98 to $48.08 per share. The reporting person will supply the SEC, the Issuer, or a security holder of the Issuer, with full information regarding the number of shares at each price upon request.
F3: This stock option vested and became exercisable in three annual installments beginning on March 9, 2012, provided the reporting person is employed by the issuer on the vesting date, and is fully vested and exercisable.