KADANT INC

Ticker: KAI CUSIP: 48282T104 Class: Common Stock

Ground Swell Capital, LLC's Holding History (CIK: 0001534450)

Note: Option positions (PUT/CALL) are excluded.

Q3 2014

Shares 98 Value ($000) $4 Avg Close $35.46 Range $33.38 - $37.01

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	98	$4	$35.46	$33.38 - $37.01