KADANT INC — Director's Dealing 2019

Jun 19, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2019-06-17

Reporting Person: Langevin Eric T (EXECUTIVE VICE PRESIDENT & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-06-17	Common Stock	M	15835	$14.17	Acquired	55560	Direct
2019-06-17	Common Stock	S	8415	$90.4786	Disposed	47145	Direct
2019-06-18	Common Stock	M	2463	$14.17	Acquired	49608	Direct
2019-06-18	Common Stock	S	1308	$91.7305	Disposed	48300	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-06-17	Stock Option (Right to Buy)	$14.17	M	15835	Disposed	2020-03-30	Common Stock (15835.0)	Direct
2019-06-18	Stock Option (Right to Buy)	$14.17	M	2463	Disposed	2020-03-30	Common Stock (2463.0)	Direct

Footnotes

F1: The transactions reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted March 25, 2019.

F2: Represents the weighted average sale price. The actual sales prices range from $90.00 to $91.095 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 $91.22 to $92.43 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: This stock option is fully vested.