Smidler Steven J 4
4 · KAMAN CORP · Filed Feb 23, 2011
Insider Transaction Report
Form 4
KAMAN CORPKAMN
Smidler Steven J
Pres, Kaman Industrial Tech
Transactions
- Award
Stock Options (Right to Buy)
2011-02-21$31.77/sh+15,820$502,681→ 15,820 totalExercise: $31.77→ Kaman Common Stock (15,820 underlying) - Award
Kaman Common Stock
2011-02-21+6,010→ 8,110 total
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 of the year following the grant date.
- [F2]Does not include shares underlying stock options all of which are listed in Table II of this form.
- [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.