4//SEC Filing
Walsh Ian K. 4
Accession 0001562180-23-006800
CIK 0000054381other
Filed
Sep 10, 8:00 PM ET
Accepted
Sep 11, 3:46 PM ET
Size
15.4 KB
Accession
0001562180-23-006800
Insider Transaction Report
Form 4
KAMAN CorpKAMN
Walsh Ian K.
DirectorPresident & CEO
Transactions
- Tax Payment
Kaman Common Stock
2023-09-08−11,100→ 72,899.81 total - Exercise/Conversion
Kaman Common Stock
2023-09-08+28,178→ 83,999.81 total - Exercise/Conversion
Restricted Stock Unit
2023-09-08−28,178→ 0 totalExercise: $0.00Exp: 2023-09-08→ Kaman Common Stock (28,178 underlying)
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) - 26,065
Performance-Based Restricted Stock Unit
Exercise: $0.00Exp: 2023-12-31→ Kaman Common Stock (26,065 underlying)
Footnotes (8)
- [F1]This transaction represents the settlement of restricted stock units in shares of Kaman common stock on their scheduled vesting date.
- [F2]Includes the acquisition of 1,093.6132 shares under the Corporation's Employees Stock Purchase Plan, a Rule 16b-3 qualified plan, through 9/8/2023.
- [F3]Represents shares withheld to satisfy tax obligations upon settlement of a vested restricted stock unit, as permitted by the Company's Second Amended and Restated 2013 Management Incentive Plan.
- [F4]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.
- [F5]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.
- [F6]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.
- [F7]Each restricted stock unit represents a contingent right to receive one share of Kaman common stock.
- [F8]The restricted stock units vested three years from the date of grant, provided the reporting person remained employed by the Company through the vesting date. This transaction represents the settlement of restricted stock units in shares of Kaman common stock on their scheduled vesting date.
Documents
Issuer
KAMAN Corp
CIK 0000054381
Entity typeother
Related Parties
1- filerCIK 0001742930
Filing Metadata
- Form type
- 4
- Filed
- Sep 10, 8:00 PM ET
- Accepted
- Sep 11, 3:46 PM ET
- Size
- 15.4 KB