KADANT INC — Director's Dealing 2019

Mar 12, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2019-03-10

Reporting Person: SELWOOD DEBORAH (VICE PRESIDENT & CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-10	Common Stock	M	433	—	Acquired	13135	Direct
2019-03-10	Common Stock	F	128	$85.97	Disposed	13007	Direct
2019-03-10	Common Stock	M	111	—	Acquired	13118	Direct
2019-03-10	Common Stock	F	33	$85.97	Disposed	13085	Direct
2019-03-10	Common Stock	M	477	—	Acquired	13562	Direct
2019-03-10	Common Stock	F	141	$85.97	Disposed	13421	Direct
2019-03-10	Common Stock	M	80	—	Acquired	13501	Direct
2019-03-10	Common Stock	F	24	$85.97	Disposed	13477	Direct
2019-03-10	Common Stock	M	334	—	Acquired	13811	Direct
2019-03-10	Common Stock	F	99	$85.97	Disposed	13712	Direct
2019-03-10	Common Stock	M	70	—	Acquired	13782	Direct
2019-03-10	Common Stock	F	21	$85.97	Disposed	13761	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-10	Restricted Stock Unit	$0.0	M	433	Disposed	2019-03-31	Common Stock (433.0)	Direct
2019-03-10	Restricted Stock Unit	$0.0	M	111	Disposed	2019-03-31	Common Stock (111.0)	Direct
2019-03-10	Restricted Stock Unit	$0.0	M	477	Disposed	2020-04-30	Common Stock (477.0)	Direct
2019-03-10	Restricted Stock Unit	$0.0	M	80	Disposed	2020-04-30	Common Stock (80.0)	Direct
2019-03-10	Restricted Stock Unit	$0.0	M	334	Disposed	2021-04-30	Common Stock (334.0)	Direct
2019-03-10	Restricted Stock Unit	$0.0	M	70	Disposed	2021-04-30	Common Stock (70.0)	Direct

Footnotes

F1: 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, 2019 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 8, 2016. One-third of the RSU vested and became distributable on March 10, 2019 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, 2017. One-third of the RSU vested and became distributable on March 10, 2019 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, 2017. One-third of the RSU vested and became distributable on March 10, 2019 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 7, 2018. One-third of the RSU vested and became distributable on March 10, 2019 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 7, 2018. One-third of the RSU vested and became distributable on March 10, 2019 and was converted to common stock on a one-for-one basis on the vesting date.