STATH REBECCA FRANCES 4

4 · KAMAN Corp · Filed Mar 2, 2021

Form 4

Period: 2021-03-01

VP ACCOUNTING & PAO

Transactions

Holdings

Stock Options (Right to Buy)
Exercise: $64.48Exp: 2030-02-17→ Kaman Common Stock (1,540 underlying)
1,540
Stock Options (Right to Buy)
Exercise: $61.02Exp: 2029-02-18→ Kaman Common Stock (1,420 underlying)
1,420
Performance-Based Restricted Stock Unit
Exercise: $0.00Exp: 2023-12-31→ Kaman Common Stock (980 underlying)
980

Footnotes (3)

[F1]Represents shares withheld from a vested restricted stock award to satisfy tax obligations, as permitted by the Company's Amended and Restated 2013 Management Incentive Plan.
[F2]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.
[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.

Documents

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