KADANT INC 4
4 · KADANT INC · Filed Jun 11, 2007
Insider Transaction Report
Form 4
KADANT INCKAI
SINDONI EDWARD J
EXECUTIVE VP AND COO
Transactions
- Award
Restricted Stock Unit
2007-05-24+12,000→ 12,000 totalExercise: $0.00Exp: 2010-01-02→ Common Stock (12,000 underlying)
Holdings
- 24,433
Common Stock
Footnotes (1)
- [F1]Each Restricted Stock Unit ("RSU") represents the right to receive one share of the issuer's common stock. The RSU vests on 1/2/10, provided that the issuer meets certain performance requirements and the reporting person remains employed by the issuer through the vesting date. The maximum number of shares the reporting person may receive is 150% of the RSU amount.