SMITH DARLENE RUTH 4

Accession 0001127602-22-006506

CIK 0000054381other

View on SEC.gov Company Profile

Filed

Feb 23, 7:00 PM ET

Accepted

Feb 24, 2:23 PM ET

Size

22.3 KB

Accession

0001127602-22-006506

Insider Transaction Report

Form 4

Period: 2022-02-22

KAMAN CorpKAMN

SMITH DARLENE RUTH

President KAV and KPP

Transactions

Award
Performance-Based Restricted Stock Unit
2022-02-22+1,945→ 1,945 total
Exercise: $0.00Exp: 2024-12-31→ Kaman Common Stock (1,945 underlying)
Award
Kaman Common Stock
2022-02-22+1,945→ 4,599.618 total

Holdings

Stock Options (Right to Buy)
Exercise: $51.97Exp: 2027-02-17→ Kaman Common Stock (2,265 underlying)
2,265
Stock Options (Right to Buy)
Exercise: $62.46Exp: 2028-02-20→ Kaman Common Stock (3,390 underlying)
3,390
Stock Options (Right to Buy)
Exercise: $61.02Exp: 2029-02-18→ Kaman Common Stock (3,140 underlying)
3,140
Stock Options (Right to Buy)
Exercise: $64.48Exp: 2030-02-17→ Kaman Common Stock (3,385 underlying)
3,385
Performance-Based Restricted Stock Unit
Exercise: $0.00Exp: 2023-12-31→ Kaman Common Stock (1,370 underlying)
1,370
Stock Options (Right to Buy)
Exercise: $39.54Exp: 2025-02-17→ Kaman Common Stock (655 underlying)
655
Stock Options (Right to Buy)
Exercise: $42.86Exp: 2026-02-23→ Kaman Common Stock (1,514 underlying)
1,514

Footnotes (5)

[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 13.8869 shares under the Corporation's Employees Stock Purchase Plan, a Rule 16b-3 qualified plan, through 2/24/2022.
[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, 2024. 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]Represents a PSU 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.
[F5]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.

Documents

2 files

Issuer

KAMAN Corp

CIK 0000054381

→

Entity typeother

Related Parties

filerCIK 0001902173

Filing Metadata

Form type: 4
Filed: Feb 23, 7:00 PM ET
Accepted: Feb 24, 2:23 PM ET
Size: 22.3 KB

View on SEC.gov