Walsh Ian K. 4
4 · KAMAN Corp · Filed Mar 2, 2023
Insider Transaction Report
Form 4
KAMAN CorpKAMN
Walsh Ian K.
DirectorPresident & CEO
Transactions
- Tax Payment
Kaman Common Stock
2023-03-01$26.00/sh−3,467$90,142→ 54,728.197 total
Holdings
- 78,610
Performance-Based Restricted Stock Unit
Exercise: $0.00Exp: 2025-12-31→ Kaman Common Stock (78,610 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) - 26,065
Performance-Based Restricted Stock Unit
Exercise: $0.00Exp: 2023-12-31→ Kaman Common Stock (26,065 underlying)
Footnotes (6)
- [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, 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.