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: Langevin Eric T (EXECUTIVE VICE PRESIDENT, COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-10	Common Stock	M	3669	—	Acquired	36643	Direct
2016-03-10	Common Stock	F	1191	$42.20	Disposed	35452	Direct
2016-03-10	Common Stock	M	2552	—	Acquired	38004	Direct
2016-03-10	Common Stock	F	829	$42.20	Disposed	37175	Direct
2016-03-10	Common Stock	M	635	—	Acquired	37810	Direct
2016-03-10	Common Stock	F	207	$42.20	Disposed	37603	Direct
2016-03-10	Common Stock	M	2178	—	Acquired	39781	Direct
2016-03-10	Common Stock	F	707	$42.20	Disposed	39074	Direct
2016-03-10	Common Stock	M	556	—	Acquired	39630	Direct
2016-03-10	Common Stock	F	181	$42.20	Disposed	39449	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-10	Restricted Stock Unit	$0.0	M	3669	Disposed	2016-03-10	Common Stock (3669.0)	Direct
2016-03-10	Restricted Stock Unit	$0.0	M	2552	Disposed	2017-03-10	Common Stock (2552.0)	Direct
2016-03-10	Restricted Stock Unit	$0.0	M	635	Disposed	2017-03-10	Common Stock (635.0)	Direct
2016-03-10	Restricted Stock Unit	$0.0	M	2178	Disposed	2018-03-10	Common Stock (2178.0)	Direct
2016-03-10	Restricted Stock Unit	$0.0	M	556	Disposed	2018-03-10	Common Stock (556.0)	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.