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: Powell Jeffrey L (EVP & Co-COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-10	Common Stock	M	2803	—	Acquired	9053	Direct
2019-03-10	Common Stock	F	1058	$85.97	Disposed	7995	Direct
2019-03-10	Common Stock	M	718	—	Acquired	8713	Direct
2019-03-10	Common Stock	F	319	$85.97	Disposed	8394	Direct
2019-03-10	Common Stock	M	3149	—	Acquired	11543	Direct
2019-03-10	Common Stock	F	926	$85.97	Disposed	10617	Direct
2019-03-10	Common Stock	M	525	—	Acquired	11142	Direct
2019-03-10	Common Stock	F	234	$85.97	Disposed	10908	Direct
2019-03-10	Common Stock	M	2002	—	Acquired	12910	Direct
2019-03-10	Common Stock	F	889	$85.97	Disposed	12021	Direct
2019-03-10	Common Stock	M	420	—	Acquired	12441	Direct
2019-03-10	Common Stock	F	187	$85.97	Disposed	12254	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-10	Restricted Stock Unit	$0.0	M	2803	Disposed	2019-03-31	Common Stock (2803.0)	Direct
2019-03-10	Restricted Stock Unit	$0.0	M	718	Disposed	2019-03-31	Common Stock (718.0)	Direct
2019-03-10	Restricted Stock Unit	$0.0	M	3149	Disposed	2020-04-30	Common Stock (3149.0)	Direct
2019-03-10	Restricted Stock Unit	$0.0	M	525	Disposed	2020-04-30	Common Stock (525.0)	Direct
2019-03-10	Restricted Stock Unit	$0.0	M	2002	Disposed	2021-04-30	Common Stock (2002.0)	Direct
2019-03-10	Restricted Stock Unit	$0.0	M	420	Disposed	2021-04-30	Common Stock (420.0)	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.