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KADANT INC — Director's Dealing 2017
Mar 14, 2017
31258_dirs_2017-03-14_88958354-7054-44b7-81a9-72460747ed77.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: MCKENNEY MICHAEL J (SR. VICE PRESIDENT & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-10 | Common Stock | M | 948 | — | Acquired | 17177.009 | Direct |
| 2017-03-10 | Common Stock | F | 308 | $57.80 | Disposed | 16869.009 | Direct |
| 2017-03-10 | Common Stock | M | 236 | — | Acquired | 17105.009 | Direct |
| 2017-03-10 | Common Stock | F | 77 | $57.80 | Disposed | 17028.009 | Direct |
| 2017-03-10 | Common Stock | M | 809 | — | Acquired | 17837.009 | Direct |
| 2017-03-10 | Common Stock | F | 263 | $57.80 | Disposed | 17574.009 | Direct |
| 2017-03-10 | Common Stock | M | 206 | — | Acquired | 17780.009 | Direct |
| 2017-03-10 | Common Stock | F | 67 | $57.80 | Disposed | 17713.009 | Direct |
| 2017-03-10 | Common Stock | M | 1202 | — | Acquired | 18915.009 | Direct |
| 2017-03-10 | Common Stock | F | 391 | $57.80 | Disposed | 18524.009 | Direct |
| 2017-03-10 | Common Stock | M | 308 | — | Acquired | 18832.009 | Direct |
| 2017-03-10 | Common Stock | F | 100 | $57.80 | Disposed | 18732.009 | 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 | 1202 | Disposed | 2019-03-31 | Common Stock (1202.0) | Direct |
| 2017-03-10 | Restricted Stock Unit | $0.0 | M | 308 | Disposed | 2019-03-31 | Common Stock (308.0) | 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.