CLARK CANDACE A 4
4 · KAMAN CORP · Filed Jun 10, 2009
Insider Transaction Report
Form 4
KAMAN CORPKAMN
CLARK CANDACE A
Sr VP, CLO and Secretary
Transactions
- Award
Kaman Common Stock
2009-06-09+2,294→ 32,087.79 total
Holdings
- 10,500
Stock Options (Right to Buy)
Exercise: $16.31→ Kaman Common Stock (10,500 underlying) - 7,500
Stock Options (Right to Buy)
Exercise: $10.31→ Kaman Common Stock (7,500 underlying) - 16,000
Stock Options (Right to Buy)
Exercise: $14.50→ Kaman Common Stock (16,000 underlying)
Footnotes (4)
- [F1]Represents a portion of the executive's long term incentive program award (LTIP) for the completed performance period January 1, 2006 - December 31, 2008 paid in Common Stock; the remainder of the LTIP was paid in cash. The LTIP is a feature of the Company's 2003 Stock Incentive Plan, a Rule 16(b)-3 qualified plan.
- [F2]Please disregard the 0.00 in the price column
- [F3]Includes acquisition of 16.14 shares under the Corporation's Employees Stock Purchase Plan, a Rule 16(b)-3 qualified plan, through 6/9/2009. Does not include shares underlying stock options, all of which are listed in Table II of this form.
- [F4]Exercisable at the rate of 20% per year, beginning one year after grant date; expires ten (10) years after grant. All options and stock appreciation rights are issued under the Corporation's 16(b)-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.