4//SEC Filing
Lisle Shawn G 4
Accession 0001127602-21-007578
CIK 0000054381other
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 4:16 PM ET
Size
12.6 KB
Accession
0001127602-21-007578
Insider Transaction Report
Form 4
KAMAN CorpKAMN
Lisle Shawn G
Sr VP & General Counsel
Transactions
- Award
Performance-Based Restricted Stock Unit
2021-02-22+5,865→ 5,865 totalExercise: $0.00Exp: 2023-12-31→ Kaman Common Stock (5,865 underlying) - Award
Kaman Common Stock
2021-02-22+1,955→ 18,232.176 total
Holdings
- 3,620
Stock Options (Right to Buy)
Exercise: $36.29Exp: 2023-02-18→ Kaman Common Stock (3,620 underlying)
Footnotes (4)
- [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]Includes the acquisition of 2.3361 shares under the Corporation's Employees Stock Purchase Plan, a Rule 16b-3 qualified plan, through 2/24/2021.
- [F3]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.
- [F4]Exercisable at the rate of 20% per year, generally beginning one year after grant date; expires ten (10) years after grant. All options are issued under the Corporation's 16b-3 qualified stock incentive plans. 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.
Issuer
KAMAN Corp
CIK 0000054381
Entity typeother
Related Parties
1- filerCIK 0001563447
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 4:16 PM ET
- Size
- 12.6 KB