Home/Filings/4/0001562180-24-001555
4//SEC Filing

SAMSON KRISTEN MCDONALD 4

Accession 0001562180-24-001555

CIK 0000054381other

Filed

Feb 20, 7:00 PM ET

Accepted

Feb 21, 5:00 PM ET

Size

18.3 KB

Accession

0001562180-24-001555

Insider Transaction Report

Form 4
Period: 2024-02-20
Transactions
  • Exercise/Conversion

    Kaman Common Stock

    2024-02-20$45.28/sh+1,121$50,7597,488.576 total
  • Award

    Kaman Common Stock

    2024-02-20+1,8856,367.576 total
  • Exercise/Conversion

    Performance-Based Restricted Stock Unit

    2024-02-201,1210 total
    Exercise: $0.00Exp: 2023-12-31Kaman Common Stock (1,121 underlying)
  • Tax Payment

    Kaman Common Stock

    2024-02-20$45.28/sh405$18,3387,083.576 total
  • Award

    Performance-Based Restricted Stock Unit

    2024-02-20+1,8851,885 total
    Exercise: $0.00Exp: 2026-12-31Kaman Common Stock (1,885 underlying)
Holdings
  • Performance-Based Restricted Stock Unit

    Exercise: $0.00Exp: 2024-12-31Kaman Common Stock (3,010 underlying)
    3,010
  • Performance-Based Restricted Stock Unit

    Exercise: $0.00Exp: 2025-12-31Kaman Common Stock (4,805 underlying)
    4,805
Footnotes (8)
  • [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 98.716688 shares under the Kaman Corporation Amended and Restated Employee Stock Purchase Plan, a Rule 16b-3 qualified plan, through 2/19/2024.
  • [F3]Includes the acquisition of 15.859075 shares under the Dividend Reinvestment Program through 2/19/2024.
  • [F4]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 2,060 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.
  • [F5]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.
  • [F6]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.
  • [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, 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.
  • [F8]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.

Issuer

KAMAN Corp

CIK 0000054381

Entity typeother

Related Parties

1
  • filerCIK 0001839048

Filing Metadata

Form type
4
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 5:00 PM ET
Size
18.3 KB