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4//SEC Filing

SMITH RICHARD STANLEY JR 4

Accession 0001562180-24-001451

CIK 0000054381other

Filed

Feb 19, 7:00 PM ET

Accepted

Feb 20, 9:01 PM ET

Size

22.9 KB

Accession

0001562180-24-001451

Insider Transaction Report

Form 4
Period: 2024-02-16
SMITH RICHARD STANLEY JR
SVP GEN COUNSEL & SECRETARY
Transactions
  • Exercise/Conversion

    Kaman Common Stock

    2024-02-16$39.22/sh+3,340$130,99532,087 total
  • Tax Payment

    Kaman Common Stock

    2024-02-16$45.04/sh3,069$138,22829,018 total
  • Exercise/Conversion

    Stock Options (Right to buy)

    2024-02-163,3400 total
    Exercise: $39.22Exp: 2024-02-19Kaman Common Stock (3,340 underlying)
Holdings
  • Performance-Based Restricted Stock Unit

    Exercise: $0.00Exp: 2025-12-31Kaman Common Stock (12,995 underlying)
    12,995
  • Performance-Based Restricted Stock Unit

    Exercise: $0.00Exp: 2024-12-31Kaman Common Stock (2,120 underlying)
    2,120
  • Performance-Based Restricted Stock Unit

    Exercise: $0.00Exp: 2023-12-31Kaman Common Stock (1,450 underlying)
    1,450
  • Stock Options (Right to buy)

    Exercise: $64.48Exp: 2030-02-17Kaman Common Stock (7,635 underlying)
    7,635
  • Stock Options (Right to buy)

    Exercise: $61.02Exp: 2029-02-18Kaman Common Stock (7,045 underlying)
    7,045
  • Stock Options (Right to buy)

    Exercise: $62.46Exp: 2028-02-20Kaman Common Stock (7,575 underlying)
    7,575
  • Stock Options (Right to buy)

    Exercise: $51.97Exp: 2027-02-17Kaman Common Stock (8,430 underlying)
    8,430
  • Stock Options (Right to buy)

    Exercise: $42.86Exp: 2026-02-23Kaman Common Stock (8,095 underlying)
    8,095
  • Stock Options (Right to buy)

    Exercise: $39.54Exp: 2025-02-17Kaman Common Stock (4,310 underlying)
    4,310
Footnotes (6)
  • [F1]The activity reported herein reflects the net settlement of options pursuant to the Kaman Corporation 2013 Management Incentive Plan, a Rule 16b-3 qualified plan. The options would otherwise expire in accordance with their terms on February 19, 2024.
  • [F2]Represents the number of shares withheld by the issuer to satisfy the exercise price and income tax withholding and remittance obligations in connection with the net settlement of options, as permitted by the Kaman Corporation 2013 Management Incentive Plan and does not represent a sale by the reporting person.
  • [F3]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.
  • [F4]Represents performance-based restricted share units ("PSUs") granted under the Kaman Corporation Amended and Restated 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 Kaman Corporation Amended and Restated 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 Kaman Corporation Amended and Restated 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.

Issuer

KAMAN Corp

CIK 0000054381

Entity typeother

Related Parties

1
  • filerCIK 0001963434

Filing Metadata

Form type
4
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 9:01 PM ET
Size
22.9 KB