4//SEC Filing
KAMAN Corp 4
Accession 0001127602-17-020904
CIK 0000054381operating
Filed
Jun 7, 8:00 PM ET
Accepted
Jun 8, 4:17 PM ET
Size
11.2 KB
Accession
0001127602-17-020904
Insider Transaction Report
Form 4
KAMAN CorpKAMN
Steiner Gregory L.
President, KAG
Transactions
- Award
Kaman Common Stock
2017-06-06+1,506→ 28,283.08 total
Holdings
- 20,000
Stock Options (Right to Buy)
Exercise: $21.59→ Kaman Common Stock (20,000 underlying) - 3,000
Restricted Stock Units
→ Kaman Common Stock (3,000 underlying) - 18,490
Stock Options (Right to Buy)
Exercise: $26.07→ Kaman Common Stock (18,490 underlying) - 8,010
Stock Options (Right to Buy)
Exercise: $16.35→ Kaman Common Stock (8,010 underlying)
Footnotes (5)
- [F1]Shares represent a long-term incentive plan payout under the Kaman Corporation 2013 Management Incentive Plan for the three-year performance period ended December 31, 2016. The number of shares payable in respect of the payout were fixed on June 6, 2017, but the reporting person must be employed with the Company until attaining age 62 in order to have a vested right to receive the shares.
- [F2]Includes acquisition of approximately 7.005 shares through 6/6/2017 by the reporting person pursuant to the periodic, automatic reinvestment of dividends paid on the Corporation's common stock under a program maintained by the reporting person's brokerage firm which is similar to the Corporation's Dividend Reinvestment Plan.
- [F3]Each restricted stock unit represents a contingent right to receieve one share of Kaman common stock.
- [F4]The restricted stock units vest in full on March 23, 2019, which is the date of the reporting person's 62nd birthday. Vested shares will be delivered to the reporting person on the later of six months and one day following the reporting person's separation from service from the Company, or January 2nd of the year following such separation from service.
- [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.
Documents
Issuer
KAMAN Corp
CIK 0000054381
Entity typeoperating
IncorporatedCT
Related Parties
1- filerCIK 0000054381
Filing Metadata
- Form type
- 4
- Filed
- Jun 7, 8:00 PM ET
- Accepted
- Jun 8, 4:17 PM ET
- Size
- 11.2 KB