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KADANT INC Director's Dealing 2017

Sep 22, 2017

31258_dirs_2017-09-22_f9dfb878-dda1-4b12-9147-9c07b088ea3c.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2016-03-08

Reporting Person: Langevin Eric T (EXECUTIVE VICE PRESIDENT, COO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-03-08 Restricted Stock Unit $0.0 A 8047 Acquired 2019-03-31 Common Stock (8047.0) Direct
2016-03-08 Restricted Stock Unit $0.0 A 2012 Acquired 2019-03-31 Common Stock (2012.0) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 32974 Direct

Footnotes

F1: Includes 585 shares acquired in an exempt transaction pursuant to the Issuer's Employee Stock Purchase Plan on December 31, 2015.

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, 2017, provided that the Issuer meets certain performance requirements for fiscal 2016 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, 2017, provided the reporting person is employed by the Issuer on the vesting date.