SEC Form 4 · accession 0001127602-15-009055
KAMAN Corp · KAMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J Tedone
Officer — VP-Finance & Chief AcctngOffcr
Period of report
Mar 2, 2015
Accepted (ET)
Mar 2, 2015 · 3:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000054381
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Kaman Common StockF1,F2 | Mar 2, 2015 | F | 618 | $0.00 | D | 18,413 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F3 | $36.29 | holding | — | — | — | — | — | Kaman Common Stock | 4,895 | 4,895 | D |
| Stock Options (Right to Buy)F4 | $39.22 | holding | — | — | — | — | — | Kaman Common Stock | 6,500 | 6,500 | D |
| Stock Options (Right to Buy)F3 | $26.07 | holding | — | — | — | — | — | Kaman Common Stock | 1,244 | 1,244 | D |
| Stock Options (Right to Buy)F3 | $33.59 | holding | — | — | — | — | — | Kaman Common Stock | 4,560 | 4,560 | D |
| Stock Options (Right to Buy)F3 | $31.775 | holding | — | — | — | — | — | Kaman Common Stock | 4,550 | 4,550 | D |
Explanation of responses
- F1Represents shares withheld from a vested restricted stock award to satisfy tax obligations, as permitted by the Company's 2003 Stock Incentive and 2013 Management Incentive Plans.
- F2Includes acquisition of 9.1888 shares under the Corporation's Employees Stock Purchase Plan, a Rule 16b-3 qualified plan, through 3/2/2015.
- F3Exercisable at the rate of 20% per year, generally beginning one year after grant date; expires ten (10) years after grant. All options and stock appreciation rights are issued under the Corporation's 16b-3 qualified Stock Incentive Plan, including options issued under predecessor plan. 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.
- F4Represents a Non-Qualified Stock Option granted under the Kaman Corporation 2013 Management Incentive Plan, a Rule 16b-3 qualified plan. Exercisable at the rate of 20% per year, beginning March 1 of the year following the date of grant; expires ten (10) years after the date of grant. The Plan includes a feature which permits the exercise price of an option to be paid by withholding a portion of the shares otherwise issuable upon exercise.