Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | KAMN | Kaman Common Stock | Tax liability | -$3.76K | -92 | -3.09% | $40.86 | 2.89K | Nov 12, 2021 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | KAMN | Stock Options (Right to Buy) | 3.98K | Nov 12, 2021 | Kaman Common Stock | 3.98K | $64.48 | Direct | F2 | |||||
holding | KAMN | Stock Options (Right to Buy) | 3.68K | Nov 12, 2021 | Kaman Common Stock | 3.68K | $61.02 | Direct | F2 | |||||
holding | KAMN | Performance-Based Restricted Stock Unit | 2.06K | Nov 12, 2021 | Kaman Common Stock | 2.06K | $0.00 | Direct | F3 |
Id | Content |
---|---|
F1 | Represents shares withheld from a vested restricted stock award to satisfy tax obligations, as permitted by the Company's Amended and Restated 2013 Management Incentive Plan. |
F2 | 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. |
F3 | Represents performance-based restricted share units ("PSUs") granted under the Amended and Restated Kaman Corporation 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, 2023. 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. |