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KADANT INC — Director's Dealing 2015
Mar 12, 2015
31258_dirs_2015-03-12_dbe284ea-f8b9-4971-a7f8-384ea7d1f3dc.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: Langevin Eric T (EXECUTIVE VICE PRESIDENT, COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-03-10 | Common Stock | M | 3944 | — | Acquired | 34047 | Direct |
| 2015-03-10 | Common Stock | F | 1282 | $46.99 | Disposed | 32765 | Direct |
| 2015-03-10 | Common Stock | M | 3668 | — | Acquired | 36433 | Direct |
| 2015-03-10 | Common Stock | F | 1193 | $46.99 | Disposed | 35240 | Direct |
| 2015-03-10 | Common Stock | M | 2551 | — | Acquired | 37791 | Direct |
| 2015-03-10 | Common Stock | F | 830 | $46.99 | Disposed | 36961 | Direct |
| 2015-03-10 | Common Stock | M | 634 | — | Acquired | 37595 | Direct |
| 2015-03-10 | Common Stock | F | 206 | $46.99 | Disposed | 37389 | Direct |
| 2015-03-12 | Common Stock | S | 2500 | $47.50 | Disposed | 34889 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-03-10 | Restricted Stock Unit | $0.0 | M | 3944 | Disposed | 2015-03-10 | Common Stock (3944.0) | Direct |
| 2015-03-10 | Restricted Stock Unit | $0.0 | M | 3668 | Disposed | 2016-03-10 | Common Stock (3668.0) | Direct |
| 2015-03-10 | Restricted Stock Unit | $0.0 | M | 2551 | Disposed | 2017-03-10 | Common Stock (2551.0) | Direct |
| 2015-03-10 | Restricted Stock Unit | $0.0 | M | 634 | Disposed | 2017-03-10 | Common Stock (634.0) | Direct |
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 21, 2014.