SEC Form 4 · accession 0001127602-16-059396
KAMAN Corp · KAMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neal J Keating
Officer — Chm, Pres & CEO · Director
Period of report
Aug 2, 2016
Accepted (ET)
Aug 3, 2016 · 3:32 pm EDT
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 | Aug 2, 2016 | P | 200 | $42.69 | A | 188,664 | D | |
| Kaman Common Stock | Aug 2, 2016 | P | 1,800 | $42.64 | A | 190,464 | D | |
| Kaman Common Stock | holding | — | — | — | 14,000 | I | Held In Investment Management Account Of An LLC Wholly Owned By Mr. Keating And His Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | holding | — | — | — | — | — | Kaman Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1Includes acquisition of approximately 131.2822 shares under the Corporation's Employee Stock Purchase Plan, a Rule 16b-3 qualified plan, through 5/13/2016.
- F2Includes acquisition of 67.4019 shares on 7/7/2016 by the reporting person pursuant to the periodic, automatic reinvestment of dividends paid on the Corporation's common stock under a program maintained by the reporting person's brokerage firm which is similar to the Corporation's Dividend Reinvestment Plan.
- F3Each restricted stock unit represents a contingent right to receive one share of Kaman common stock.
- F4The restricted stock units vest in full on October 13, 2017, which is the date of the reporting person's 62nd birthday. Vested shares will be delivered to the reporting person on the later of six months and one day following the reporting person's separation from service from the Company, or January 2nd of the year following such separation from service.