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KADANT INC Director's Dealing 2018

Mar 13, 2018

31258_dirs_2018-03-13_c3c0235b-17eb-43f5-aa30-c896d3e7c767.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: PAINTER JONATHAN W (Director, PRESIDENT AND CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-03-10 Common Stock M 7343 Acquired 66443 Direct
2018-03-10 Common Stock F 3264 $104.35 Disposed 63179 Direct
2018-03-10 Common Stock M 1873 Acquired 65052 Direct
2018-03-10 Common Stock F 833 $104.35 Disposed 64219 Direct
2018-03-10 Common Stock M 9281 Acquired 73500 Direct
2018-03-10 Common Stock F 4126 $104.35 Disposed 69374 Direct
2018-03-10 Common Stock M 2377 Acquired 71751 Direct
2018-03-10 Common Stock F 1057 $104.35 Disposed 70694 Direct
2018-03-10 Common Stock M 9489 Acquired 80183 Direct
2018-03-10 Common Stock F 4218 $104.35 Disposed 75965 Direct
2018-03-10 Common Stock M 1582 Acquired 77547 Direct
2018-03-10 Common Stock F 704 $104.35 Disposed 76843 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-03-10 Restricted Stock Unit $0.0 M 7343 Disposed 2018-03-10 Common Stock (7343.0) Direct
2018-03-10 Restricted Stock Unit $0.0 M 1873 Disposed 2018-03-10 Common Stock (1873.0) Direct
2018-03-10 Restricted Stock Unit $0.0 M 9281 Disposed 2019-03-31 Common Stock (9281.0) Direct
2018-03-10 Restricted Stock Unit $0.0 M 2377 Disposed 2019-03-31 Common Stock (2377.0) Direct
2018-03-10 Restricted Stock Unit $0.0 M 9489 Disposed 2020-03-31 Common Stock (9489.0) Direct
2018-03-10 Restricted Stock Unit $0.0 M 1582 Disposed 2020-03-31 Common Stock (1582.0) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 3 Indirect

Footnotes

F1: The shares represent the partial settlement under a performance-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 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.

F3: 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.

F4: 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.

F5: 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.

F6: 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.