KADANT INC — Director's Dealing 2018

May 17, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2018-05-16

Reporting Person: ALBERTINE JOHN M (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-16	Restricted Stock Unit	$0.0	A	2700	Acquired	2019-01-31	Common Stock (2700.0)	Direct

Footnotes

F1: Each Restricted Stock Unit ("RSU") represents the right to receive one share of the issuer's common stock. 50% of the RSU vests on June 1, 2018 and the remainder vests in two equal installments on the last day of each of the issuer's third and fourth quarters of fiscal 2018 provided the recipient continues to serve as a director of the issuer.