BARTLETT RUSSELL JAMES 4
4 · KAMAN Corp · Filed Feb 24, 2021
Insider Transaction Report
Form 4
KAMAN CorpKAMN
Transactions
- Award
Kaman Common Stock
2021-02-22+2,650→ 2,650 total - Award
Performance-Based Restricted Stock Unit
2021-02-22+7,955→ 7,955 totalExercise: $0.00Exp: 2023-12-31→ Kaman Common Stock (7,955 underlying)
Footnotes (2)
- [F1]Represents a restricted stock award granted under the Kaman Corporation Amended and Restated 2013 Management Incentive Plan, a Rule 16b-3 qualified plan. Restrictions lapse at the rate of 33 1/3% per year, beginning March 1 of the year following the grant date.
- [F2]Represents performance-based restricted share units ("PSUs") granted under the Amended and Restated Kaman Corporation 2013 Management Incentive Plan, a Rule 16b-3 qualified plan. Each PSU represents a contingent right to receive one share of the common stock, par value $1.00 per share, of the Company. The number of PSUs that may be earned is between 0% and 200% of the target number of PSUs and shall vest based on ROIC and relative TSR performance over the three-year performance period ending on December 31, 2023. The indicated number of PSUs assumes 100% vesting at target. The actual number of shares issued in settlement of the PSUs may be more or less than the indicated number.