Steiner Gregory L. 4
4 · KAMAN CORP · Filed Jun 8, 2011
Insider Transaction Report
Form 4
KAMAN CORPKAMN
Steiner Gregory L.
President, KAG
Transactions
- Tax Payment
Kaman Common Stock
2011-06-07−4,451→ 28,972.19 total - Award
Kaman Common Stock
2011-06-07+14,150→ 33,423.19 total
Holdings
- 18,490
Stock Options (Right to Buy)
Exercise: $26.07→ Kaman Common Stock (18,490 underlying) - 20,000
Stock Options (Right to Buy)
Exercise: $21.59→ Kaman Common Stock (20,000 underlying) - 20,025
Stock Options (Right to Buy)
Exercise: $16.35→ Kaman Common Stock (20,025 underlying)
Footnotes (5)
- [F1]Represents a restricted stock award under the Corporation's 16b-3 qualified 2003 Stock Incentive Plan, with restrictions immediately lapsed. The reporting person is expected to retain the balance of shares remaining after tax withholding for a period of three years.
- [F2]Represents shares withheld to satisfy tax obligations associated with the 6/7/2011 restricted stock award, as permitted by the Stock Incentive Plan.
- [F3]Share balance is net of 908 shares used to satisfy tax withholding obligations on 3/1/2011 with respect to previous stock grant awards, as permitted by the Stock Incentive Plan.
- [F4]Includes acquisition of 97.48 shares under the Corporation's Employees Stock Purchase Plan, a Rule 16(b)-3 qualified plan, through 6/7/2011. Does not include shares underlying stock options all of which are listed in Table II of this form.
- [F5]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.