KADANT INC — Director's Dealing 2017

Sep 22, 2017

SEC Form 4/A — Form 4/A

Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2017-03-08

Reporting Person: LAMBERT SANDRA L (VP, GENERAL COUNSEL, SECRETARY)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-08	Restricted Stock Unit	$0.0	A	2389	Acquired	2020-04-30	Common Stock (2389.0)	Direct
2017-03-08	Restricted Stock Unit	$0.0	A	597	Acquired	2020-04-30	Common Stock (597.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	19219	Direct

Footnotes

F1: Includes 615 shares acquired in an exempt transaction pursuant to the Issuer's Employee Stock Purchase Plan on December 31, 2016.

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: Each Restricted Stock Unit ("RSU") represents the right to receive one share of the issuer's common stock. The RSU vests and is distributable in three equal installations beginning on March 10, 2018, provided that the Issuer meets certain performance requirements for fiscal 2017 and the reporting person is employed by the issuer on the vesting date. The maximum number of shares the reporting person may receive is 150% of the RSU amount.

F4: This RSU vests and becomes exercisable in three annual installments beginning on March 10, 2018, provided the reporting person is employed by the Issuer on the vesting date.