RAINVILLE WILLIAM A 4
4 · KADANT INC · Filed Jun 1, 2018
Insider Transaction Report
Form 4
KADANT INCKAI
RAINVILLE WILLIAM A
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2018-06-01+1,350→ 77,500 total - Exercise/Conversion
Restricted Stock Unit
2018-06-01−1,350→ 1,350 totalExercise: $0.00Exp: 2019-01-31→ Common Stock (1,350 underlying)
Footnotes (1)
- [F1]Represents partial vesting of a restricted stock unit award on June 1, 2018 and delivery of shares to the reporting person pursuant to the terms of a restricted stock unit award agreement dated May 16, 2018. 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 2018 provided the recipient continues to serve as a director of the issuer.