KADANT INC — Director's Dealing 2016

Sep 19, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2016-09-19

Reporting Person: Powell Jeffrey L (EXECUTIVE VICE PRESIDENT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-09-19	Common Stock	M	4389	$14.17	Acquired	11078	Direct
2016-09-19	Common Stock	S	4389	$51.2018	Disposed	6689	Direct
2016-09-19	Common Stock	M	3384	$24.90	Acquired	10073	Direct
2016-09-19	Common Stock	S	3384	$51.2018	Disposed	6689	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-09-19	Stock Option (Right to Buy)	$14.17	M	4389	Disposed	2020-03-03	Common Stock (4389.0)	Direct
2016-09-19	Stock Option (Right to Buy)	$24.9	M	3384	Disposed	2021-03-09	Common Stock (3384.0)	Direct

Footnotes

F1: The transactions reported on this Form 4 were executed pursuant to a Rule 10-b-5-1 trading plan adopted August 17, 2016.

F2: Represents the weighted average sale price. The actual sales prices range from $50.90 to $51.48 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 vests and becomes exercisable in three equal annual installments beginning on March 3, 2011, provided the reporting person is employed by the issuer on the vesting date.

F4: This stock option vests and becomes exercisable in three equal annual installments beginning on March 9, 2012, provided the reporting person is employed by the issuer on the vesting date.