KADANT INC — Director's Dealing 2016

Jul 5, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2016-07-01

Reporting Person: LEONARD THOMAS C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-07-01	Common Stock	S	1250	$52	Disposed	20000	Direct
2016-07-02	Common Stock	M	1250	—	Acquired	21250	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-07-02	Restricted Stock Unit	$0.0	M	1250	Disposed	2017-01-31	Common Stock (1250.0)	Direct

Footnotes

F1: The transactions reported on this Form 4 were executed pursuant to a Rule 10-b-5-1 Trading Plan adopted December 18, 2015.

F2: Represents partial vesting of restricted stock unit award on 07/02/2016 and delivery of shares to the reporting person pursuant to the terms of a restricted stock unit award agreement dated 03/09/2016.