4//SEC Filing
Walsh Ian K. 4
Accession 0001562180-23-001743
CIK 0000054381other
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 1:03 PM ET
Size
13.4 KB
Accession
0001562180-23-001743
Insider Transaction Report
Form 4
KAMAN CorpKAMN
Walsh Ian K.
DirectorPresident & CEO
Transactions
- Award
Kaman Common Stock
2023-02-21+26,205→ 58,195.197 total - Award
Performance-Based Restricted Stock Unit
2023-02-21+78,610→ 78,610 totalExercise: $0.00Exp: 2025-12-31→ Kaman Common Stock (78,610 underlying)
Holdings
- 26,065
Performance-Based Restricted Stock Unit
Exercise: $0.00Exp: 2023-12-31→ Kaman Common Stock (26,065 underlying) - 41,255
Performance-Based Restricted Stock Unit
Exercise: $0.00Exp: 2024-12-31→ Kaman Common Stock (41,255 underlying) - 28,178
Restricted Stock Unit
Exercise: $0.00Exp: 2023-09-08→ Kaman Common Stock (28,178 underlying)
Footnotes (6)
- [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]Each restricted stock unit represents a contingent right to receive one share of Kaman common stock.
- [F6]The restricted stock units vest three years from the date of grant, provided the reporting person remains employed by the Company through the vesting date.
Documents
Issuer
KAMAN Corp
CIK 0000054381
Entity typeother
Related Parties
1- filerCIK 0001742930
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 1:03 PM ET
- Size
- 13.4 KB