SEC Form 4 · accession 0001127602-16-044826
KAMAN Corp · KAMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert D. Starr
Officer — Exec VP and CFO
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 4:25 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,F3 | Mar 1, 2016 | F | 689 | $43.94 | D | 19,793 | 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)F4 | $36.29 | holding | — | — | — | — | Feb 18, 2023 | Kaman Common Stock | 5,135 | 5,135 | D |
| Stock Options (Right to Buy)F5 | $39.22 | holding | — | — | — | — | Feb 19, 2024 | Kaman Common Stock | 15,470 | 15,470 | D |
| Stock Options (Right to Buy)F4 | $33.59 | holding | — | — | — | — | Feb 20, 2022 | Kaman Common Stock | 5,220 | 5,220 | D |
| Stock Options (Right to Buy)F4 | $31.775 | holding | — | — | — | — | Feb 21, 2021 | Kaman Common Stock | 5,260 | 5,260 | D |
| Stock Options (Right to Buy)F4 | $26.07 | holding | — | — | — | — | Feb 22, 2020 | Kaman Common Stock | 6,310 | 6,310 | D |
Explanation of responses
- F1Represents shares withheld to satisfy tax obligations associated with vesting of restricted stock awards, as permitted by the 2003 Stock Incentive Plan and the 2013 Management Incentive Plan.
- F2Includes acquisition of 29.3609 shares under the Corporation's Employees Stock Purchase Plan, a Rule 16b-3 qualified plan, through 2/12/2016.
- F3Includes acquisition of 6.8907 shares under the Dividend Reinvestment Program, through 1/7/2016
- F4Exercisable at the rate of 20% per year, generally beginning March 1st of the year after the grant date; expires ten (10) years after grant. All options and stock appreciation rights were 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.
- F5Represents 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.