KADANT INC — Director's Dealing 2018

Oct 1, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2018-09-29

Reporting Person: LEONARD THOMAS C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-09-29	Common Stock	M	675	—	Acquired	22775	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-09-29	Restricted Stock Unit	$0.0	M	675	Disposed	2019-01-31	Common Stock (675.0)	Direct

Footnotes

F1: Represents partial vesting of a restricted stock unit award on September 29, 2018 and delivery of shares to the reporting person pursuant to the terms of a restricted stock unit award agreement dated May 16, 2018. The remainder of the shares vest on the last day of the issuer's fourth quarter of fiscal 2018 provided the recipient continues to serve as a director of the issuer.