Home/Filings/4/0001562180-23-007665
4//SEC Filing

MORGAN MEGAN AMANDA 4

Accession 0001562180-23-007665

CIK 0000054381other

Filed

Nov 13, 7:00 PM ET

Accepted

Nov 14, 2:22 PM ET

Size

13.8 KB

Accession

0001562180-23-007665

Insider Transaction Report

Form 4
Period: 2023-11-12
Transactions
  • Tax Payment

    Kaman Common Stock

    2023-11-12$19.75/sh95$1,8764,950 total
Holdings
  • Performance-Based Restricted Stock Unit

    Exercise: $0.00Exp: 2025-12-31Kaman Common Stock (5,125 underlying)
    5,125
  • Performance-Based Restricted Stock Unit

    Exercise: $0.00Exp: 2024-12-31Kaman Common Stock (3,130 underlying)
    3,130
  • Performance-Based Restricted Stock Unit

    Exercise: $0.00Exp: 2023-12-31Kaman Common Stock (2,060 underlying)
    2,060
  • Stock Options (Right to buy)

    Exercise: $64.48Exp: 2030-02-17Kaman Common Stock (3,980 underlying)
    3,980
  • Stock Options (Right to buy)

    Exercise: $61.02Exp: 2029-02-18Kaman Common Stock (3,680 underlying)
    3,680
Footnotes (5)
  • [F1]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.
  • [F2]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.
  • [F3]Represents 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, 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 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, 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 0001841567

Filing Metadata

Form type
4
Filed
Nov 13, 7:00 PM ET
Accepted
Nov 14, 2:22 PM ET
Size
13.8 KB