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KADANT INC — Director's Dealing 2018
Jul 6, 2018
31258_dirs_2018-07-06_ef8ec25e-ba0e-4978-ae44-f7115fdb65d7.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2018-07-01
Reporting Person: KRAUSE STACY D. (VP, General Counsel, Secretary)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 326 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit | $0.0 | 2020-04-30 | Common Stock (1001.0) | Direct | |
| Restricted Stock Unit | $0.0 | 2021-04-30 | Common Stock (1048.0) | Direct | |
| Restricted Stock Unit | $0.0 | 2021-04-30 | Common Stock (262.0) | Direct |
Footnotes
F1: Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's common stock. This RSU vests and is distributable in two equal installations beginning on March 10, 2019, provided the reporting person is employed by the Issuer on the vesting date.
F2: Each RSU represents the right to receive one share of the Issuer's common stock. RSU vests and is distributable in three equal installations beginning on March 10, 2019, provided that the Issuer meets certain performance requirements for fiscal 2018 and the reporting person is employed by the Issuer on the vesting date. The maximum number of shares the reporting person may receive is 150% of the RSU amount.
F3: Each RSU represents the right to receive one share of the Issuer's common stock. This RSU vests and becomes exercisable in three annual installments beginning on March 10, 2019, provided the reporting person is employed by the Issuer on the vesting date.