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KADANT INC Director's Dealing 2018

Jan 4, 2018

31258_dirs_2018-01-04_fada67c3-f3db-4b7c-abc9-b9ef1dd4b23d.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: 2018-01-02

Reporting Person: LAMBERT SANDRA L (VP, GENERAL COUNSEL, SECRETARY)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-01-02 Common Stock M 4000 $14.17 Acquired 19257 Direct
2018-01-02 Common Stock S 1724 $99.1821 Disposed 17533 Direct
2018-01-02 Common Stock S 2276 $100.64 Disposed 15665 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-01-02 Stock Option (Right to Buy) $14.17 M 4000 Disposed 2020-03-03 Common Stock (4000.0) Direct

Footnotes

F1: The transactions reported on this Form 4 were executed pursuant to a Rule 10-b-5-1 trading plan adopted August 31, 2017.

F2: Represents the weighted average sale price. The actual sales prices range from $98.90 to $99.65 per share. The reporting person will supply the SEC, the Issuer, or a security holder of the Issuer, with full information regarding the number of shares at each price upon request.

F3: Represents the weighted average sale price. The actual sales prices range from $100.40 to $100.90 per share. The reporting person will supply the SEC, the Issuer, or a security holder of the Issuer, with full information regarding the number of shares at each price upon request.

F4: Includes 408 shares acquired in an exempt transaction pursuant to the Issuer's Employee Stock Purchase Plan on December 31, 2017.

F5: This stock option is fully vested.