SINDONI EDWARD J 4
4 · KADANT INC · Filed Mar 11, 2009
Insider Transaction Report
Form 4
KADANT INCKAI
SINDONI EDWARD J
EXECUTIVE VP AND COO
Transactions
- Award
Restricted Stock Unit
2009-03-03+13,000→ 13,000 totalExercise: $0.00Exp: 2011-12-31→ Common Stock (13,000 underlying)
Holdings
- 27,800
Common Stock
Footnotes (2)
- [F1]Includes 842 shares acquired in an exempt transaction pursuant to the Issuer's ESPP on December 31, 2008.
- [F2]Each Restricted Stock Unit ("RSU") represents the right to receive one share of the issuer's common stock. The RSU vests on 12/31/2011, 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.