Home/Filings/4/0001562180-23-001736
4//SEC Filing

SMITH RICHARD STANLEY JR 4

Accession 0001562180-23-001736

CIK 0000054381other

Filed

Feb 22, 7:00 PM ET

Accepted

Feb 23, 12:59 PM ET

Size

20.9 KB

Accession

0001562180-23-001736

Insider Transaction Report

Form 4
Period: 2023-02-21
SMITH RICHARD STANLEY JR
SVP GEN COUNSEL & SECRETARY
Transactions
  • Award

    Kaman Common Stock

    2023-02-21+4,33018,775 total
  • Award

    Performance-Based Restricted Stock Unit

    2023-02-21+12,99512,995 total
    Exercise: $0.00Exp: 2025-12-31Kaman Common Stock (12,995 underlying)
Holdings
  • Performance-Based Restricted Stock Unit

    Exercise: $0.00Exp: 2023-12-31Kaman Common Stock (1,450 underlying)
    1,450
  • Stock Options (Right to buy)

    Exercise: $64.48Exp: 2030-02-17Kaman Common Stock (7,635 underlying)
    7,635
  • Performance-Based Restricted Stock Unit

    Exercise: $0.00Exp: 2024-12-31Kaman Common Stock (2,120 underlying)
    2,120
  • Stock Options (Right to buy)

    Exercise: $61.02Exp: 2029-02-18Kaman Common Stock (7,045 underlying)
    7,045
  • Stock Options (Right to buy)

    Exercise: $51.97Exp: 2027-02-17Kaman Common Stock (8,430 underlying)
    8,430
  • Stock Options (Right to buy)

    Exercise: $39.54Exp: 2025-02-17Kaman Common Stock (4,310 underlying)
    4,310
  • Stock Options (Right to buy)

    Exercise: $62.46Exp: 2028-02-20Kaman Common Stock (7,575 underlying)
    7,575
  • Stock Options (Right to buy)

    Exercise: $42.86Exp: 2026-02-23Kaman Common Stock (8,095 underlying)
    8,095
  • Stock Options (Right to buy)

    Exercise: $39.22Exp: 2024-02-19Kaman Common Stock (3,340 underlying)
    3,340
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]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, 2025. 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, 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 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.
  • [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.

Issuer

KAMAN Corp

CIK 0000054381

Entity typeother

Related Parties

1
  • filerCIK 0001963434

Filing Metadata

Form type
4
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 12:59 PM ET
Size
20.9 KB