4//SEC Filing
LANE CARROLL KENT 4
Accession 0001562180-24-002081
CIK 0000054381other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 4:35 PM ET
Size
12.0 KB
Accession
0001562180-24-002081
Insider Transaction Report
Form 4
KAMAN CorpKAMN
LANE CARROLL KENT
SVP and President KAV and KPP
Transactions
- Tax Payment
Kaman Common Stock
2024-03-01$45.81/sh−639$29,273→ 54,190 total
Holdings
- 18,340
Performance-Based Restricted Stock Unit
Exercise: $0.00Exp: 2025-12-31→ Kaman Common Stock (18,340 underlying) - 7,200
Performance Based Restricted Stock Unit
Exercise: $0.00Exp: 2026-12-31→ Kaman Common Stock (7,200 underlying) - 48,987
Stock Options (Right to buy)
Exercise: $24.48Exp: 2033-07-05→ Kaman Common Stock (48,987 underlying) - 39,121
Stock Options (Right to buy)
Exercise: $31.60Exp: 2032-07-05→ Kaman Common Stock (39,121 underlying)
Footnotes (4)
- [F1]Represents shares withheld from a vested restricted stock award to satisfy tax withholding obligations, as permitted by the Company's Amended and Restated 2013 Management Incentive Plan, a Rule 16b-3 qualified plan.
- [F2]Represents performance-based restricted share units ("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.
- [F3]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.
- [F4]Exercisable at the rate of 33 1/3% 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 0001935387
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 4:35 PM ET
- Size
- 12.0 KB