Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
LEONARD THOMAS C
  2. Issuer Name and Ticker or Trading Symbol
KADANT INC [KAI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
KADANT INC., ONE TECHNOLOGY PARK DRIVE
3. Date of Earliest Transaction (Month/Day/Year)
03/09/2015
(Street)

WESTFORD, MA 01886
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/09/2015   S(1)   2,000 D $ 44 28,500 D  
Common Stock 03/09/2015   S(1)   2,000 D $ 45 26,500 D  
Common Stock 03/09/2015   S(1)   2,000 D $ 47 24,500 D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit (2) $ 0 03/09/2015   A   5,000     (2) 01/02/2016 Common Stock 5,000 (2) $ 0 5,000 D  
Restricted Stock Unit (3) $ 0 03/09/2015   A   10,000     (3) 03/28/2020 Common Stock 10,000 (3) $ 0 10,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
LEONARD THOMAS C
KADANT INC.
ONE TECHNOLOGY PARK DRIVE
WESTFORD, MA 01886
  X      

Signatures

 by Sandra L. Lambert for Thomas C. Leonard   03/11/2015
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The transactions reported on this Form 4 were executed pursuant to a Rule 10-b-5-1 trading plan adopted December 16, 2014.
(2) 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 2015 provided the recipient continues to serve as a director of the issuer.
(3) The Restricted Stock Unit may be settled solely in cash ("Cash-Settled RSU"). Each Cash-Settled RSU is the economic equivalent of one share of common stock of the issuer. The Cash-Settled RSU vests 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 year 2015 (April 5, 2015) and ending on the last day of the issuer's first quarter of fiscal year 2020 (March 28, 2020). The Cash-Settled RSU is forfeited in the event the recipient ceases to be a director of the issuer for any reason other than a change in control prior to the RSU vesting date.
 
Remarks:
EXHIBIT LIST
Exhibit 24 - Limited Power of Attorney for Section 16 Reporting Obligations

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