4//SEC Filing
MORGAN MEGAN AMANDA 4
Accession 0001562180-24-001561
CIK 0000054381other
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 5:09 PM ET
Size
20.7 KB
Accession
0001562180-24-001561
Insider Transaction Report
Form 4
KAMAN CorpKAMN
MORGAN MEGAN AMANDA
VP-HR & CHRO
Transactions
- 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) - Award
Kaman Common Stock
2024-02-20+2,030→ 14,789 total - Exercise/Conversion
Kaman Common Stock
2024-02-20$45.28/sh+1,121$50,759→ 15,910 total - Award
Performance-Based Restricted Stock Unit
2024-02-20+2,030→ 2,030 totalExercise: $0.00Exp: 2026-12-31→ Kaman Common Stock (2,030 underlying) - Tax Payment
Kaman Common Stock
2024-02-20$45.28/sh−417$18,882→ 15,493 total
Holdings
- 3,130
Performance-Based Restricted Stock Unit
Exercise: $0.00Exp: 2024-12-31→ Kaman Common Stock (3,130 underlying) - 5,125
Performance-Based Restricted Stock Unit
Exercise: $0.00Exp: 2025-12-31→ Kaman Common Stock (5,125 underlying) - 3,980
Stock Options (Right to buy)
Exercise: $64.48Exp: 2030-02-17→ Kaman Common Stock (3,980 underlying) - 3,680
Stock Options (Right to buy)
Exercise: $61.02Exp: 2029-02-18→ Kaman Common Stock (3,680 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]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.
- [F3]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.
- [F4]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.
- [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, 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.
- [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, 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.
- [F7]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.
Documents
Issuer
KAMAN Corp
CIK 0000054381
Entity typeother
Related Parties
1- filerCIK 0001841567
Filing Metadata
- Form type
- 4
- Filed
- Feb 20, 7:00 PM ET
- Accepted
- Feb 21, 5:09 PM ET
- Size
- 20.7 KB