KADANT INC — Director's Dealing 2017

Mar 10, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2017-03-08

Reporting Person: RAINVILLE WILLIAM A (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-08	Restricted Stock Unit	$0.0	A	3000	Acquired	2018-01-31	Common Stock (3000.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	73150	Direct

Footnotes

F1: Each Restricted Stock Unit ("RSU") represents the right to receive one share of the issuer's common stock. The RSU Vests in four installments of 750 shares each on the last day of each of the issuer's first, second, third and fourth quarters of fiscal 2017 provided the recipient continues to serve as a director of the issuer.