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
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.
Documents
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