Steiner Gregory L. 4
4 · KAMAN CORP · Filed Feb 24, 2009
Insider Transaction Report
Form 4
KAMAN CORPKAMN
Steiner Gregory L.
President, KAG
Transactions
- Award
Kaman Common Stock
2009-02-23+7,895→ 12,926.33 total - Award
Stock Options (Right to Buy)
2009-02-23$16.35/sh+20,025$327,409→ 20,025 totalExercise: $16.35→ Kaman Common Stock (20,025 underlying)
Holdings
- 20,000
Stock Options (Right to Buy)
Exercise: $21.59→ Kaman Common Stock (20,000 underlying)
Footnotes (3)
- [F1]Represents a restricted stock award under the Corporation's 16b-3 qualified 2003 Stock Incentive Plan. Restrictions generally lapse at the rate of 20% per year, beginning the March 1 following the grant date.
- [F2]Includes acquisition of 31.33 shares under the Corporation's Employees Stock Purchase Plan, a 16(b)-3 qualified plan, through 2/15/2009.
- [F3]Exercisable at the rate of 20% per year, generally beginning one year after grant date; expires ten (10) years after grant. All options and stock appreciation rights are issued under the Corporation's 16b-3 qualified Stock Incentive Plan, including options issued under predecessor 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.