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KADANT INC Director's Dealing 2015

Mar 11, 2015

31258_dirs_2015-03-11_eb9e2f56-ee8a-45ce-8d18-2985ad5219cf.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: 2015-03-09

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-03-09	Restricted Stock Unit	$0.0	A	3406	Acquired	2016-03-10	Common Stock (3406.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	9619	Direct

Footnotes

F1: Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's common stock. The RSU vests on June 30, 2015 pursuant to the terms of an Executive Transition Agreement dated September 15, 2014 between the Reporting Person and the issuer and is distributable on March 10, 2016.