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KADANT INC — Director's Dealing 2017
Mar 14, 2017
31258_dirs_2017-03-14_f52d758b-6a03-489e-9ce5-f5732f036ce5.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: SELWOOD DEBORAH (VICE PRESIDENT & CAO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-10 | Common Stock | M | 455 | — | Acquired | 9569 | Direct |
| 2017-03-10 | Common Stock | F | 144 | $57.80 | Disposed | 9425 | Direct |
| 2017-03-10 | Common Stock | M | 398 | — | Acquired | 9823 | Direct |
| 2017-03-10 | Common Stock | F | 130 | $57.80 | Disposed | 9693 | Direct |
| 2017-03-10 | Common Stock | M | 434 | — | Acquired | 10127 | Direct |
| 2017-03-10 | Common Stock | F | 138 | $57.80 | Disposed | 9989 | Direct |
| 2017-03-10 | Common Stock | M | 112 | — | Acquired | 10101 | Direct |
| 2017-03-10 | Common Stock | F | 37 | $57.80 | Disposed | 10064 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-03-10 | Restricted Stock Unit | $0.0 | M | 455 | Disposed | 2017-03-10 | Common Stock (455.0) | Direct |
| 2017-03-10 | Restricted Stock Unit | $0.0 | M | 398 | Disposed | 2018-03-10 | Common Stock (398.0) | Direct |
| 2017-03-10 | Restricted Stock Unit | $0.0 | M | 434 | Disposed | 2019-03-31 | Common Stock (434.0) | Direct |
| 2017-03-10 | Restricted Stock Unit | $0.0 | M | 112 | Disposed | 2019-03-31 | Common Stock (112.0) | Direct |
Footnotes
F1: 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.
F2: 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.
F3: 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.
F4: 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.