Lisle Shawn G 4
4 · KAMAN Corp · Filed Mar 3, 2022
Insider Transaction Report
Form 4
KAMAN CorpKAMN
Lisle Shawn G
Sr VP & General Counsel
Transactions
- Tax Payment
Kaman Common Stock
2022-03-01$43.41/sh−243$10,549→ 21,016.71 total
Holdings
- 3,620
Stock Options (Right to Buy)
Exercise: $36.29Exp: 2023-02-18→ Kaman Common Stock (3,620 underlying) - 5,865
Performance-Based Restricted Stock Unit
Exercise: $0.00Exp: 2023-12-31→ Kaman Common Stock (5,865 underlying) - 8,990
Performance-Based Restricted Stock Unit
Exercise: $0.00Exp: 2024-12-31→ Kaman Common Stock (8,990 underlying)
Footnotes (4)
- [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]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.
- [F3]Represents 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.