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KADANT INC — Director's Dealing 2015
Mar 12, 2015
31258_dirs_2015-03-12_0a00df26-1bb6-433e-ab6e-db9734017865.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: 2015-03-10
Reporting Person: PAINTER JONATHAN W (Director, PRESIDENT AND CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-03-10 | Common Stock | M | 13295 | — | Acquired | 62660 | Direct |
| 2015-03-10 | Common Stock | F | 5566 | $46.99 | Disposed | 57094 | Direct |
| 2015-03-10 | Common Stock | M | 12369 | — | Acquired | 69463 | Direct |
| 2015-03-10 | Common Stock | F | 5826 | $46.99 | Disposed | 63637 | Direct |
| 2015-03-10 | Common Stock | M | 8604 | — | Acquired | 72241 | Direct |
| 2015-03-10 | Common Stock | F | 4053 | $46.99 | Disposed | 68188 | Direct |
| 2015-03-10 | Common Stock | M | 2140 | — | Acquired | 70328 | Direct |
| 2015-03-10 | Common Stock | F | 1008 | $46.99 | Disposed | 69320 | Direct |
| 2015-03-12 | Common Stock | S | 3000 | $47.75 | Disposed | 66320 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-03-10 | Restricted Stock Unit | $0.0 | M | 13295 | Disposed | 2015-03-10 | Common Stock (13295.0) | Direct |
| 2015-03-10 | Restricted Stock Unit | $0.0 | M | 12369 | Disposed | 2016-03-10 | Common Stock (12369.0) | Direct |
| 2015-03-10 | Restricted Stock Unit | $0.0 | M | 8604 | Disposed | 2017-03-10 | Common Stock (8604.0) | Direct |
| 2015-03-10 | Restricted Stock Unit | $0.0 | M | 2140 | Disposed | 2017-03-10 | Common Stock (2140.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3 | Indirect |
Footnotes
F1: The shares represent the partial settlement under a performance-based RSU award granted 3/7/2012. One-third of the RSU vested on 3/10/2015 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 performance-based RSU award granted 3/6/2013. One-third of the RSU vested on 3/10/2015 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 performance-based RSU award granted 3/5/2014. One-third of the RSU vested on 3/10/2015 and was converted to vested common stock on a one-for-one basis on the vesting date.
F4: The shares represent the partial settlement under a time-based RSU award granted 3/5/2014. One-third vested on a one-for-one basis on the vesting date.
F5: The transactions reported on this Form 4 were executed pursuant to a Rule 10-b-5-1 trading plan adopted November 25, 2014.