Wilfredo Roy Dilig - Feb 21, 2023 Form 4 Insider Report for KAMAN Corp (KAMN)

Role: VP INFORMATION TECHNOLOGY
Signature: /s/ Wilfredo Roy Dilig
Stock symbol: KAMN
Transactions as of: Feb 21, 2023
Transactions value $: $0
Form type: 4
Date filed: 2/23/2023, 12:01 PM
Previous filing: Jan 30, 2023
Next filing: Mar 2, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KAMN	Kaman Common Stock	Award	$0	+780	+325.09%	$0.00	1.02K	Feb 21, 2023	Direct	F1, F2

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
transaction	KAMN	Performance-Based Restricted Stock Unit	Award	$0	+2.35K		$0.00	2.35K	Feb 21, 2023	Kaman Common Stock	2.35K	$0.00	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a restricted stock award granted under the Kaman Corporation 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	Includes the acquisition of 4.6648 shares under the Corporation's Employees Stock Purchase Plan, a Rule 16b-3 qualified plan, through 2/21/2023.
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, 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.