KADANT INC — Director's Dealing 2018

Mar 13, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2018-03-10

Reporting Person: SELWOOD DEBORAH (VICE PRESIDENT & CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-10	Common Stock	M	398	—	Acquired	11794	Direct
2018-03-10	Common Stock	F	118	$104.35	Disposed	11676	Direct
2018-03-10	Common Stock	M	434	—	Acquired	12110	Direct
2018-03-10	Common Stock	F	128	$104.35	Disposed	11982	Direct
2018-03-10	Common Stock	M	111	—	Acquired	12093	Direct
2018-03-10	Common Stock	F	33	$104.35	Disposed	12060	Direct
2018-03-10	Common Stock	M	479	—	Acquired	12539	Direct
2018-03-10	Common Stock	F	142	$104.35	Disposed	12397	Direct
2018-03-10	Common Stock	M	80	—	Acquired	12477	Direct
2018-03-10	Common Stock	F	24	$104.35	Disposed	12453	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-03-10	Restricted Stock Unit	$0.0	M	398	Disposed	2018-03-10	Common Stock (398.0)	Direct
2018-03-10	Restricted Stock Unit	$0.0	M	434	Disposed	2019-03-31	Common Stock (434.0)	Direct
2018-03-10	Restricted Stock Unit	$0.0	M	111	Disposed	2019-03-31	Common Stock (111.0)	Direct
2018-03-10	Restricted Stock Unit	$0.0	M	479	Disposed	2020-03-31	Common Stock (479.0)	Direct
2018-03-10	Restricted Stock Unit	$0.0	M	80	Disposed	2020-03-31	Common Stock (80.0)	Direct

Footnotes

F1: 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, 2018 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 performance-based RSU award granted March 8, 2016. One-third of the RSU vested and became distributable on March 10, 2018 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 time-based RSU award granted March 8, 2016. One-third of the RSU vested and became distributable on March 10, 2018 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 performance-based RSU award granted March 8, 2017. One-third of the RSU vested and became distributable on March 10, 2018 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 time-based RSU award granted March 8, 2017. One-third of the RSU vested and became distributable on March 10, 2018 and was converted to common stock on a one-for-one basis on the vesting date.