Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

KADANT INC Director's Dealing 2016

Jun 17, 2016

31258_dirs_2016-06-17_d6114f22-6e70-4d7a-836c-4bcdeb0a33e5.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4/A — Form 4/A

Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2016-03-10

Reporting Person: MCKENNEY MICHAEL J (SR. VICE PRESIDENT & CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-03-10 Common Stock M 1363 Acquired 16656.009 Direct
2016-03-10 Common Stock F 443 $42.20 Disposed 16213.009 Direct
2016-03-10 Common Stock M 948 Acquired 17161.009 Direct
2016-03-10 Common Stock F 308 $42.20 Disposed 16853.009 Direct
2016-03-10 Common Stock M 236 Acquired 17089.009 Direct
2016-03-10 Common Stock F 77 $42.20 Disposed 17012.009 Direct
2016-03-10 Common Stock M 808 Acquired 17820.009 Direct
2016-03-10 Common Stock F 263 $42.20 Disposed 17557.009 Direct
2016-03-10 Common Stock M 207 Acquired 17764.009 Direct
2016-03-10 Common Stock F 68 $42.20 Disposed 17696.009 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-03-10 Restricted Stock Unit $0.0 M 1363 Disposed 2016-03-10 Common Stock (1363.0) Direct
2016-03-10 Restricted Stock Unit $0.0 M 948 Disposed 2017-03-10 Common Stock (948.0) Direct
2016-03-10 Restricted Stock Unit $0.0 M 236 Disposed 2017-03-10 Common Stock (236.0) Direct
2016-03-10 Restricted Stock Unit $0.0 M 808 Disposed 2018-03-10 Common Stock (808.0) Direct
2016-03-10 Restricted Stock Unit $0.0 M 207 Disposed 2018-03-10 Common Stock (207.0) Direct

Footnotes

F1: The shares represent the partial settlement under a performance-based RSU award granted March 6, 2013. One-third of the RSU vested and became distributable on March 10, 2016 and was converted to common stock on a one-for-one basis on the vesting date.

F2: This amendment has been filed to correct the total amount of securities beneficially owned following reported transactions, reported in Column 5 in Table I. In all other respects, the report is unchanged.

F3: The shares represent the partial settlement under a performance-based RSU award granted March 5, 2014. One-third of the RSU vested and became distributable on March 10, 2016 and was converted to 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 March 5, 2014. One-third of the RSU vested and became distributable on March 10, 2016 and was converted to common stock on a one-for-one basis on the vesting date.

F5: The shares represent the partial settlement under a performance-based RSU award granted March 9, 2015. One-third of the RSU vested and became distributable on March 10, 2016 and was converted to common stock on a one-for-one basis on the vesting date.

F6: The shares represent the partial settlement under a time-based RSU award granted March 9, 2015. One-third of the RSU vested and became distributable on March 10, 2016 and was converted to common stock on a one-for-one basis on the vesting date.