AI assistant
KADANT INC — Director's Dealing 2018
Mar 13, 2018
31258_dirs_2018-03-13_4effbe78-20b7-4df9-8a96-c476153f6438.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2018-03-10
Reporting Person: MCKENNEY MICHAEL J (EXECUTIVE VICE PRESIDENT & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-10 | Common Stock | M | 809 | — | Acquired | 14531.009 | Direct |
| 2018-03-10 | Common Stock | F | 239 | $104.35 | Disposed | 14292.009 | Direct |
| 2018-03-10 | Common Stock | M | 206 | — | Acquired | 14498.009 | Direct |
| 2018-03-10 | Common Stock | F | 61 | $104.35 | Disposed | 14437.009 | Direct |
| 2018-03-10 | Common Stock | M | 1201 | — | Acquired | 15638.009 | Direct |
| 2018-03-10 | Common Stock | F | 354 | $104.35 | Disposed | 15284.009 | Direct |
| 2018-03-10 | Common Stock | M | 308 | — | Acquired | 15592.009 | Direct |
| 2018-03-10 | Common Stock | F | 91 | $104.35 | Disposed | 15501.009 | Direct |
| 2018-03-10 | Common Stock | M | 1365 | — | Acquired | 16866.009 | Direct |
| 2018-03-10 | Common Stock | F | 402 | $104.35 | Disposed | 16464.009 | Direct |
| 2018-03-10 | Common Stock | M | 228 | — | Acquired | 16692.009 | Direct |
| 2018-03-10 | Common Stock | F | 68 | $104.35 | Disposed | 16624.009 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-10 | Restricted Stock Unit | $0.0 | M | 809 | Disposed | 2018-03-10 | Common Stock (809.0) | Direct |
| 2018-03-10 | Restricted Stock Unit | $0.0 | M | 206 | Disposed | 2018-03-10 | Common Stock (206.0) | Direct |
| 2018-03-10 | Restricted Stock Unit | $0.0 | M | 1201 | Disposed | 2019-03-31 | Common Stock (1201.0) | Direct |
| 2018-03-10 | Restricted Stock Unit | $0.0 | M | 308 | Disposed | 2019-03-31 | Common Stock (308.0) | Direct |
| 2018-03-10 | Restricted Stock Unit | $0.0 | M | 1365 | Disposed | 2020-03-31 | Common Stock (1365.0) | Direct |
| 2018-03-10 | Restricted Stock Unit | $0.0 | M | 228 | Disposed | 2020-03-31 | Common Stock (228.0) | Direct |
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.