KADANT INC — Director's Dealing 2016

Aug 17, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2016-08-15

Reporting Person: LAMBERT SANDRA L (VP, GENERAL COUNSEL, SECRETARY)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-08-15	Common Stock	S	2706	$50.59	Disposed	18604	Direct
2016-08-15	Common Stock	M	610	$25.98	Acquired	19214	Direct
2016-08-15	Common Stock	S	610	$52	Disposed	18604	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-08-15	Stock Option (Right to Buy)	$25.98	M	610	Disposed	2023-03-06	Common Stock (610.0)	Direct

Footnotes

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

F2: This stock option vests and becomes exercisable in three annual installments beginning on March 6, 2014, provided the reporting person is employed by the issuer on the vesting date.