MCKONE FRANCIS L 4
4 · KADANT INC · Filed Mar 14, 2011
Insider Transaction Report
Form 4
KADANT INCKAI
MCKONE FRANCIS L
Director
Transactions
- Award
Restricted Stock Unit
2011-03-10+5,000→ 5,000 totalExercise: $0.00Exp: 2011-12-31→ Common Stock (5,000 underlying)
Holdings
- 37,761
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 2011, provided the recipient continues to serve as a director of the issuer.