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KADANT INC — Director's Dealing 2017
Mar 14, 2017
31258_dirs_2017-03-14_6a9ef9d4-fc5b-4cb0-a966-2fa0824fa18d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2017-03-10
Reporting Person: Powell Jeffrey L (EXECUTIVE VICE PRESIDENT)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-10 | Common Stock | M | 2729 | — | Acquired | 9418 | Direct |
| 2017-03-10 | Common Stock | F | 886 | $57.80 | Disposed | 8532 | Direct |
| 2017-03-10 | Common Stock | M | 679 | — | Acquired | 9211 | Direct |
| 2017-03-10 | Common Stock | F | 221 | $57.80 | Disposed | 8990 | Direct |
| 2017-03-10 | Common Stock | M | 2372 | — | Acquired | 11362 | Direct |
| 2017-03-10 | Common Stock | F | 770 | $57.80 | Disposed | 10592 | Direct |
| 2017-03-10 | Common Stock | M | 605 | — | Acquired | 11197 | Direct |
| 2017-03-10 | Common Stock | F | 197 | $57.80 | Disposed | 11000 | Direct |
| 2017-03-10 | Common Stock | M | 2804 | — | Acquired | 13804 | Direct |
| 2017-03-10 | Common Stock | F | 910 | $57.80 | Disposed | 12894 | Direct |
| 2017-03-10 | Common Stock | M | 718 | — | Acquired | 13612 | Direct |
| 2017-03-10 | Common Stock | F | 233 | $57.80 | Disposed | 13379 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-03-10 | Restricted Stock Unit | $0.0 | M | 2729 | Disposed | 2017-03-10 | Common Stock (2729.0) | Direct |
| 2017-03-10 | Restricted Stock Unit | $0.0 | M | 679 | Disposed | 2017-03-10 | Common Stock (679.0) | Direct |
| 2017-03-10 | Restricted Stock Unit | $0.0 | M | 2372 | Disposed | 2018-03-10 | Common Stock (2372.0) | Direct |
| 2017-03-10 | Restricted Stock Unit | $0.0 | M | 605 | Disposed | 2018-03-10 | Common Stock (605.0) | Direct |
| 2017-03-10 | Restricted Stock Unit | $0.0 | M | 2804 | Disposed | 2019-03-31 | Common Stock (2804.0) | Direct |
| 2017-03-10 | Restricted Stock Unit | $0.0 | M | 718 | Disposed | 2019-03-31 | Common Stock (718.0) | Direct |
Footnotes
F1: 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, 2017 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 time-based RSU award granted March 5, 2014. One-third of the RSU vested and became distributable on March 10, 2017 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 performance-based RSU award granted March 9, 2015. One-third of the RSU vested and became distributable on March 10, 2017 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 time-based RSU award granted March 9, 2015. One-third of the RSU vested and became distributable on March 10, 2017 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 performance-based RSU award granted March 8, 2016. One-third of the RSU vested and became distributable on March 10, 2017 and was converted to common stock on a one-for-one basis on the vesting date.
F6: The shares represent the partial settlement under a time-based RSU award granted March 8, 2016. One-third of the RSU vested and became distributable on March 10, 2017 and was converted to common stock on a one-for-one basis on the vesting date.