SAMSON KRISTEN MCDONALD 4
4 · KAMAN Corp · Filed Feb 21, 2024
Insider Transaction Report
Form 4
KAMAN CorpKAMN
SAMSON KRISTEN MCDONALD
VP and CMCO
Transactions
- Exercise/Conversion
Kaman Common Stock
2024-02-20$45.28/sh+1,121$50,759→ 7,488.576 total - Award
Kaman Common Stock
2024-02-20+1,885→ 6,367.576 total - Exercise/Conversion
Performance-Based Restricted Stock Unit
2024-02-20−1,121→ 0 totalExercise: $0.00Exp: 2023-12-31→ Kaman Common Stock (1,121 underlying) - Tax Payment
Kaman Common Stock
2024-02-20$45.28/sh−405$18,338→ 7,083.576 total - Award
Performance-Based Restricted Stock Unit
2024-02-20+1,885→ 1,885 totalExercise: $0.00Exp: 2026-12-31→ Kaman Common Stock (1,885 underlying)
Holdings
- 3,010
Performance-Based Restricted Stock Unit
Exercise: $0.00Exp: 2024-12-31→ Kaman Common Stock (3,010 underlying) - 4,805
Performance-Based Restricted Stock Unit
Exercise: $0.00Exp: 2025-12-31→ Kaman Common Stock (4,805 underlying)
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.