Smidler Steven J 4
4 · KAMAN CORP · Filed Jun 5, 2012
Insider Transaction Report
Form 4
KAMAN CORPKAMN
Smidler Steven J
Pres, Kaman Industrial Tech
Transactions
- Award
Kaman Common Stock
2012-06-05+9,571→ 24,219 total
Holdings
- 15,820
Stock Options (Right to Buy)
Exercise: $31.77→ Kaman Common Stock (15,820 underlying)
Footnotes (4)
- [F1]Represents a portion of the executive's long term incentive program award (LTIP) for the completed performance period January 1, 2011 - December 31, 2011 paid in Common Stock as permitted by the Company's 2003 Stock Incentive Plan; 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]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, 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.