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KADANT INC — Director's Dealing 2017
Mar 14, 2017
31258_dirs_2017-03-14_099b6672-31ac-42a1-95e5-3e24684c8576.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: LAMBERT SANDRA L (VP, GENERAL COUNSEL, SECRETARY)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-10 | Common Stock | M | 948 | — | Acquired | 20167 | Direct |
| 2017-03-10 | Common Stock | F | 308 | $57.80 | Disposed | 19859 | Direct |
| 2017-03-10 | Common Stock | M | 236 | — | Acquired | 20095 | Direct |
| 2017-03-10 | Common Stock | F | 77 | $57.80 | Disposed | 20018 | Direct |
| 2017-03-10 | Common Stock | M | 809 | — | Acquired | 20827 | Direct |
| 2017-03-10 | Common Stock | F | 263 | $57.80 | Disposed | 20564 | Direct |
| 2017-03-10 | Common Stock | M | 206 | — | Acquired | 20770 | Direct |
| 2017-03-10 | Common Stock | F | 67 | $57.80 | Disposed | 20703 | Direct |
| 2017-03-10 | Common Stock | M | 1169 | — | Acquired | 21872 | Direct |
| 2017-03-10 | Common Stock | F | 380 | $57.80 | Disposed | 21492 | Direct |
| 2017-03-10 | Common Stock | M | 300 | — | Acquired | 21792 | Direct |
| 2017-03-10 | Common Stock | F | 98 | $57.80 | Disposed | 21694 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-03-10 | Restricted Stock Unit | $0.0 | M | 948 | Disposed | 2017-03-10 | Common Stock (948.0) | Direct |
| 2017-03-10 | Restricted Stock Unit | $0.0 | M | 236 | Disposed | 2017-03-10 | Common Stock (236.0) | Direct |
| 2017-03-10 | Restricted Stock Unit | $0.0 | M | 809 | Disposed | 2018-03-10 | Common Stock (809.0) | Direct |
| 2017-03-10 | Restricted Stock Unit | $0.0 | M | 206 | Disposed | 2018-03-10 | Common Stock (206.0) | Direct |
| 2017-03-10 | Restricted Stock Unit | $0.0 | M | 1169 | Disposed | 2019-03-31 | Common Stock (1169.0) | Direct |
| 2017-03-10 | Restricted Stock Unit | $0.0 | M | 300 | Disposed | 2019-03-31 | Common Stock (300.0) | 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.