4//SEC Filing
SMITH RICHARD STANLEY JR 4
Accession 0001562180-24-001566
CIK 0000054381other
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 5:23 PM ET
Size
23.9 KB
Accession
0001562180-24-001566
Insider Transaction Report
Form 4
KAMAN CorpKAMN
SMITH RICHARD STANLEY JR
SVP GEN COUNSEL & SECRETARY
Transactions
- Award
Kaman Common Stock
2024-02-20+4,950→ 33,968 total - Award
Performance-Based Restricted Stock Unit
2024-02-20+4,950→ 4,950 totalExercise: $0.00Exp: 2026-12-31→ Kaman Common Stock (4,950 underlying) - Exercise/Conversion
Kaman Common Stock
2024-02-20$45.28/sh+789$35,726→ 34,757 total - Exercise/Conversion
Performance-Based Restricted Stock Unit
2024-02-20−789→ 0 totalExercise: $0.00Exp: 2023-12-31→ Kaman Corporation (789 underlying)
Holdings
- 7,575
Stock Options (Right to buy)
Exercise: $62.46Exp: 2028-02-20→ Kaman Common Stock (7,575 underlying) - 8,095
Stock Options (Right to buy)
Exercise: $42.86Exp: 2026-02-23→ Kaman Common Stock (8,095 underlying) - 2,120
Performance-Based Restricted Stock Unit
Exercise: $0.00Exp: 2024-12-31→ Kaman Common Stock (2,120 underlying) - 7,635
Stock Options (Right to buy)
Exercise: $64.48Exp: 2030-02-17→ Kaman Common Stock (7,635 underlying) - 7,045
Stock Options (Right to buy)
Exercise: $61.02Exp: 2029-02-18→ Kaman Common Stock (7,045 underlying) - 8,430
Stock Options (Right to buy)
Exercise: $51.97Exp: 2027-02-17→ Kaman Common Stock (8,430 underlying) - 12,995
Performance-Based Restricted Stock Unit
Exercise: $0.00Exp: 2025-12-31→ Kaman Common Stock (12,995 underlying) - 4,310
Stock Options (Right to buy)
Exercise: $39.54Exp: 2025-02-17→ Kaman Common Stock (4,310 underlying)
Footnotes (6)
- [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 1,450 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 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.
- [F4]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.
- [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, 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.
- [F6]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 0001963434
Filing Metadata
- Form type
- 4
- Filed
- Feb 20, 7:00 PM ET
- Accepted
- Feb 21, 5:23 PM ET
- Size
- 23.9 KB