ALLEN JOHN K 4
4 · KADANT INC · Filed Mar 11, 2009
Insider Transaction Report
Form 4
KADANT INCKAI
ALLEN JOHN K
Director
Transactions
- Award
Restricted Stock Unit
2009-03-04+15,000→ 15,000 totalExercise: $0.00Exp: 2010-04-03→ Common Stock (15,000 underlying)
Holdings
- 24,105
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 in four installments of 1,250 shares each on the last day of each of the issuer's first, second, third and fourth quarters of fiscal 2009. The balance of 10,000 RSUs vest only upon a change in control of the issuer that occurs during the period beginning on the first day of the issuer's second quarter of fiscal 2009 and ending on the last day of the issuer's first quarter of fiscal 2010.