Ian K. Walsh - Dec 31, 2022 Form 5 Insider Report for KAMAN Corp (KAMN)

Signature
/s/ Ian K. Walsh
Stock symbol
KAMN
Transactions as of
Dec 31, 2022
Transactions value $
$0
Form type
5
Date filed
2/10/2023, 02:03 PM
Previous filing
Mar 3, 2022
Next filing
Feb 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KAMN Kaman Common Stock 32K Dec 31, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding KAMN Performance-Based Restricted Stock Unit 26.1K Dec 31, 2022 Kaman Common Stock 26.1K $0.00 Direct F2
holding KAMN Performance-Based Restricted Stock Unit 41.3K Dec 31, 2022 Kaman Common Stock 41.3K $0.00 Direct F3
holding KAMN Restricted Stock Units 28.2K Dec 31, 2022 Kaman Common Stock 28.2K $0.00 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes the acquisition of 311.0586 shares under the Corporation's Employees Stock Purchase Plan, a Rule 16b-3 qualified plan, through 12/31/2022.
F2 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.
F3 Represents 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, 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.
F4 Each restricted stock unit represents a contingent right to receive one share of Kaman common stock.
F5 The restricted stock units vest three years from the date of grant, provided the reporting person remains employed by the Company through the vesting date.