4//SEC Filing
LANE CARROLL KENT 4
Accession 0001562180-23-005767
CIK 0000054381other
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 4:22 PM ET
Size
12.7 KB
Accession
0001562180-23-005767
Insider Transaction Report
Form 4
KAMAN CorpKAMN
LANE CARROLL KENT
SVP and President KAV and KPP
Transactions
- Tax Payment
Kaman Common Stock
2023-07-05−1,984→ 47,629 total - Award
Kaman Common Stock
2023-07-05+24,510→ 49,613 total - Award
Stock Options (Right to buy)
2023-07-05$24.48/sh+48,987$1,199,202→ 48,987 totalExercise: $24.48Exp: 2033-07-05→ Kaman Common Stock (48,987 underlying)
Holdings
- 39,121
Stock Options (Right to buy)
Exercise: $31.60Exp: 2032-07-05→ Kaman Common Stock (39,121 underlying) - 18,340
Performance-Based Restricted Stock Unit
Exercise: $0.00Exp: 2025-12-31→ Kaman Common Stock (18,340 underlying)
Footnotes (4)
- [F1]Represents a restricted stock award granted under the Kaman Corporation Second 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 one year following the grant date.
- [F2]Represents shares withheld from a vested restricted stock award to satisfy tax obligations, as permitted by the Company's Second Amended and Restated 2013 Management Incentive Plan.
- [F3]Exercisable at the rate of 33 1/3% 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.
- [F4]Represents performance-based restricted share units ("PSUs") granted under the Second 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.
Documents
Issuer
KAMAN Corp
CIK 0000054381
Entity typeother
Related Parties
1- filerCIK 0001935387
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 4:22 PM ET
- Size
- 12.7 KB