KADANT INC — Director's Dealing 2017

Dec 13, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2017-12-11

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-12-11	Common Stock	S	1654	$98.1001	Disposed	19160.009	Direct
2017-12-11	Common Stock	S	846	$99.3532	Disposed	18314.009	Direct
2017-12-11	Common Stock	S	900	$100.3279	Disposed	17414.009	Direct
2017-12-11	Common Stock	S	200	$101.50	Disposed	17214.009	Direct
2017-12-12	Common Stock	S	2173	$97.126	Disposed	15041.009	Direct
2017-12-12	Common Stock	S	327	$97.8235	Disposed	14714.009	Direct

Footnotes

F1: The transactions reported on this Form 4 were executed pursuant to a Rule 10-b-5-1 trading plan adopted November 10, 2017.

F2: Represents the weighted average sale price. The actual sales prices range from $97.85 to $98.60 per share. The reporting person will supply the SEC, the Issuer, or a security holder of the Issuer, with full information regarding the number of shares at each price upon request.

F3: Represents the weighted average sale price. The actual sales prices range from $98.95 to $99.95 per share. The reporting person will supply the SEC, the Issuer, or a security holder of the Issuer, with full information regarding the number of shares at each price upon request.

F4: Represents the weighted average sale price. The actual sales prices range from $100.00 to $100.95 per share. The reporting person will supply the SEC, the Issuer, or a security holder of the Issuer, with full information regarding the number of shares at each price upon request.

F5: Represents the weighted average sale price. The actual sales prices range from $101.10 to $101.90 per share. The reporting person will supply the SEC, the Issuer, or a security holder of the Issuer, with full information regarding the number of shares at each price upon request.

F6: Represents the weighted average sale price. The actual sales prices range from $96.65 to $97.65 per share. The reporting person will supply the SEC, the Issuer, or a security holder of the Issuer, with full information regarding the number of shares at each price upon request.

F7: Represents the weighted average sale price. The actual sales prices range from $97.70 to $97.90 per share. The reporting person will supply the SEC, the Issuer, or a security holder of the Issuer, with full information regarding the number of shares at each price upon request.