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KADANT INC — Director's Dealing 2018
Mar 13, 2018
31258_dirs_2018-03-13_2c433b6a-8016-4b38-97b6-e59e5d66cc48.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: LAMBERT SANDRA L (VP, GENERAL COUNSEL, SECRETARY)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-10 | Common Stock | M | 809 | — | Acquired | 13999 | Direct |
| 2018-03-10 | Common Stock | F | 261 | $104.35 | Disposed | 13738 | Direct |
| 2018-03-10 | Common Stock | M | 206 | — | Acquired | 13944 | Direct |
| 2018-03-10 | Common Stock | F | 92 | $104.35 | Disposed | 13852 | Direct |
| 2018-03-10 | Common Stock | M | 1168 | — | Acquired | 15020 | Direct |
| 2018-03-10 | Common Stock | F | 344 | $104.35 | Disposed | 14676 | Direct |
| 2018-03-10 | Common Stock | M | 299 | — | Acquired | 14975 | Direct |
| 2018-03-10 | Common Stock | F | 133 | $104.35 | Disposed | 14842 | Direct |
| 2018-03-10 | Common Stock | M | 1196 | — | Acquired | 16038 | Direct |
| 2018-03-10 | Common Stock | F | 353 | $104.35 | Disposed | 15685 | Direct |
| 2018-03-10 | Common Stock | M | 199 | — | Acquired | 15884 | Direct |
| 2018-03-10 | Common Stock | F | 89 | $104.35 | Disposed | 15795 | 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 | 1168 | Disposed | 2019-03-31 | Common Stock (1168.0) | Direct |
| 2018-03-10 | Restricted Stock Unit | $0.0 | M | 299 | Disposed | 2019-03-31 | Common Stock (299.0) | Direct |
| 2018-03-10 | Restricted Stock Unit | $0.0 | M | 1196 | Disposed | 2020-03-31 | Common Stock (1196.0) | Direct |
| 2018-03-10 | Restricted Stock Unit | $0.0 | M | 199 | Disposed | 2020-03-31 | Common Stock (199.0) | 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.