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KADANT INC Director's Dealing 2017

Mar 14, 2017

31258_dirs_2017-03-14_96bac5b7-dd81-44bc-b15c-6b215b05f749.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: PAINTER JONATHAN W (Director, PRESIDENT AND CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-03-10 Common Stock M 8604 Acquired 70556 Direct
2017-03-10 Common Stock F 4049 $57.80 Disposed 66507 Direct
2017-03-10 Common Stock M 2141 Acquired 68648 Direct
2017-03-10 Common Stock F 1008 $57.80 Disposed 67640 Direct
2017-03-10 Common Stock M 7343 Acquired 74983 Direct
2017-03-10 Common Stock F 3455 $57.80 Disposed 71528 Direct
2017-03-10 Common Stock M 1873 Acquired 73401 Direct
2017-03-10 Common Stock F 882 $57.80 Disposed 72519 Direct
2017-03-10 Common Stock M 9281 Acquired 81800 Direct
2017-03-10 Common Stock F 4367 $57.80 Disposed 77433 Direct
2017-03-10 Common Stock M 2378 Acquired 79811 Direct
2017-03-10 Common Stock F 1119 $57.80 Disposed 78692 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-03-10 Restricted Stock Unit $0.0 M 8604 Disposed 2017-03-10 Common Stock (8604.0) Direct
2017-03-10 Restricted Stock Unit $0.0 M 2141 Disposed 2017-03-10 Common Stock (2141.0) Direct
2017-03-10 Restricted Stock Unit $0.0 M 7343 Disposed 2018-03-10 Common Stock (7343.0) Direct
2017-03-10 Restricted Stock Unit $0.0 M 1873 Disposed 2018-03-10 Common Stock (1873.0) Direct
2017-03-10 Restricted Stock Unit $0.0 M 9281 Disposed 2019-03-31 Common Stock (9281.0) Direct
2017-03-10 Restricted Stock Unit $0.0 M 2378 Disposed 2019-03-31 Common Stock (2378.0) 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.