4//SEC Filing
Walsh Ian K. 4
Accession 0001562180-24-001553
CIK 0000054381other
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 4:57 PM ET
Size
18.2 KB
Accession
0001562180-24-001553
Insider Transaction Report
Form 4
KAMAN CorpKAMN
Walsh Ian K.
DirectorPresident & CEO
Transactions
- Tax Payment
Kaman Common Stock
2024-02-20$45.28/sh−4,468$202,311→ 113,836.873 total - Award
Performance-Based Restricted Stock Unit
2024-02-20+31,205→ 31,205 totalExercise: $0.00Exp: 2026-12-31→ Kaman Common Stock (31,205 underlying) - Exercise/Conversion
Performance-Based Restricted Stock Unit
2024-02-20−14,180→ 0 totalExercise: $0.00Exp: 2023-12-31→ Kaman Common Stock (14,180 underlying) - Exercise/Conversion
Kaman Common Stock
2024-02-20$45.28/sh+14,180$642,070→ 118,304.873 total - Award
Kaman Common Stock
2024-02-20+31,205→ 104,124.873 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)
Footnotes (7)
- [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 March 1 of the year following the grant date.
- [F2]Includes the acquisition of 20.06267 shares under the Kaman Corporation Amended and Restated Employee Stock Purchase Plan, a Rule 16b-3 qualified plan, through 2/19/2024.
- [F3]Represents the settlement of performance-based restricted share units ("PSUs") under the Kaman Corporation Amended and Restated 2013 Management Incentive Plan, a Rule 16b-3 qualified plan. The number of PSUs was previously reported as 26,065 at 100% target and the amount herein reflects the final number of PSUs earned based on ROIC and relative TSR performance over the three-year performance period ending on December 31, 2023.
- [F4]Represents shares withheld from a vested PSU to satisfy tax withholding obligations, as permitted by the Company's Amended and Restated 2013 Management Incentive Plan, a Rule 16b-3 qualified plan.
- [F5]Represents PSUs granted under the Kaman Corporation Second 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, 2026. 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, 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.
- [F7]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.
Documents
Issuer
KAMAN Corp
CIK 0000054381
Entity typeother
Related Parties
1- filerCIK 0001742930
Filing Metadata
- Form type
- 4
- Filed
- Feb 20, 7:00 PM ET
- Accepted
- Feb 21, 4:57 PM ET
- Size
- 18.2 KB