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KADANT INC Director's Dealing 2019

Jun 3, 2019

31258_dirs_2019-06-03_207767c9-a4f5-4a6b-bcff-4a53e1c2afec.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: 2019-06-01

Reporting Person: ALBERTINE JOHN M (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-06-01 Common Stock M 929 Acquired 13019 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-06-01 Restricted Stock Unit $0.0 M 929 Disposed 2020-01-31 Common Stock (929.0) Direct

Footnotes

F1: Represents partial vesting of a restricted stock unit award on June 1, 2019 and delivery of shares to the reporting person pursuant to the terms of a restricted stock unit award agreement dated May 16, 2019. The remainder of the shares vest in two equal installments on the last day of each of the Issuer's third and fourth quarters of fiscal 2019 provided the recipient continues to serve as a director of the Issuer.