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: Powell Jeffrey L (EXECUTIVE VICE PRESIDENT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-10	Common Stock	M	3519	—	Acquired	3519	Direct
2016-03-10	Common Stock	F	1142	$42.20	Disposed	2377	Direct
2016-03-10	Common Stock	M	2729	—	Acquired	5106	Direct
2016-03-10	Common Stock	F	886	$42.20	Disposed	4220	Direct
2016-03-10	Common Stock	M	679	—	Acquired	4899	Direct
2016-03-10	Common Stock	F	221	$42.20	Disposed	4678	Direct
2016-03-10	Common Stock	M	2373	—	Acquired	7051	Direct
2016-03-10	Common Stock	F	771	$42.20	Disposed	6280	Direct
2016-03-10	Common Stock	M	606	—	Acquired	6886	Direct
2016-03-10	Common Stock	F	197	$42.20	Disposed	6689	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-10	Restricted Stock Unit	$0.0	M	3519	Disposed	2016-03-10	Common Stock (3519.0)	Direct
2016-03-10	Restricted Stock Unit	$0.0	M	2729	Disposed	2017-03-10	Common Stock (2729.0)	Direct
2016-03-10	Restricted Stock Unit	$0.0	M	679	Disposed	2017-03-10	Common Stock (679.0)	Direct
2016-03-10	Restricted Stock Unit	$0.0	M	2373	Disposed	2018-03-10	Common Stock (2373.0)	Direct
2016-03-10	Restricted Stock Unit	$0.0	M	606	Disposed	2018-03-10	Common Stock (606.0)	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: 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.

F3: 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.

F4: 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.

F5: 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.