KADANT INC — Director's Dealing 2016

Mar 11, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: SELWOOD DEBORAH (VICE PRESIDENT & CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-10	Common Stock	M	646	—	Acquired	9314	Direct
2016-03-10	Common Stock	F	204	$42.20	Disposed	9110	Direct
2016-03-10	Common Stock	M	455	—	Acquired	9565	Direct
2016-03-10	Common Stock	F	144	$42.20	Disposed	9421	Direct
2016-03-10	Common Stock	M	399	—	Acquired	9820	Direct
2016-03-10	Common Stock	F	129	$42.20	Disposed	9691	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-10	Restricted Stock Unit	$0.0	M	646	Disposed	2016-03-10	Common Stock (646.0)	Direct
2016-03-10	Restricted Stock Unit	$0.0	M	455	Disposed	2017-03-10	Common Stock (455.0)	Direct
2016-03-10	Restricted Stock Unit	$0.0	M	399	Disposed	2018-03-10	Common Stock (399.0)	Direct

Footnotes

F1: The shares represent the partial settlement under a time-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: 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.

F3: 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.