Starr Robert D. 4

4 · KAMAN Corp · Filed Feb 24, 2021

Form 4

Period: 2021-02-22

Sr VP and CFO

Transactions

Award
Kaman Common Stock
2021-02-22+3,370→ 34,830.605 total
Award
Performance-Based Restricted Stock Unit
2021-02-22+10,115→ 10,115 total
Exercise: $0.00Exp: 2023-12-31→ Kaman Common Stock (10,115 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 11.6806 shares under the Corporation's Employee Stock Purchase Plan, a Rule 16b-3 qualified plan, through 2/24/2021.
[F3]Includes the acquisition of 8.6133 shares under the Dividend Reinvestment Program through 2/24/2021.
[F4]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.

Documents

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