SAUNDERS ROBERT H JR 4
4 · KAMAN CORP · Filed Jan 22, 2004
Insider Transaction Report
Form 4
KAMAN CORPKAMNA
SAUNDERS ROBERT H JR
President, Kaman Music Corp
Transactions
- Exercise/Conversion
Kaman Class A Common
2004-01-20$10.38/sh+3,000$31,125→ 31,982.32 total - Tax Payment
Kaman Class A Common
2004-01-20$14.45/sh−2,153$31,111→ 29,829.32 total - Exercise/Conversion
Stock Options (right to buy)
2004-01-20$10.38/sh−3,000$31,125→ 34,000 totalExercise: $10.38→ Kaman Class A Common (3,000 underlying)
Holdings
- 720
Kaman Class B Common
- 83,300
Stock Appreciation Rights (SAR)
Exercise: $9.90→ Kaman Class A Common (83,300 underlying)
Footnotes (3)
- [F1]Includes acquisition of 813.93 shares under the Corporation's Employees Stock Purchase Plan, a 16(b)-3 qualified plan and the Dividend Reinvestment Program.
- [F2]All options and stock appreciation rights are issued under the Corporation's 16b-3 qualified Stock Incentive Plan, including options issued under predessor plan. The plans include a feature which permits the exercise price for an option to be paid by withholding a portion of the shares otherwise issuable upon exercise.
- [F3]Exercisable at the rate of 20% per year, beginning one year after grant date; expires ten (10) years after grant.