SEC Form 4 · accession 0001127602-16-061784
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
Sep 1, 2016
Accepted (ET)
Sep 2, 2016 · 3:13 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 Stock | Sep 1, 2016 | M | 1,244 | $26.07 | A | 19,190 | D | |
| Kaman Common Stock | Sep 1, 2016 | M | 4,550 | $31.775 | A | 23,740 | D | |
| Kaman Common Stock | Sep 1, 2016 | M | 3,648 | $33.59 | A | 27,388 | D | |
| Kaman Common Stock | Sep 1, 2016 | S | 9,442 | $44.8225 | D | 17,946 | 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)F1 | $26.07 | Sep 1, 2016 | M | 1,244 | D | — | — | Kaman Common Stock | 1,244 | 0 | D |
| Stock Options (Right to Buy)F1 | $31.775 | Sep 1, 2016 | M | 4,550 | D | — | — | Kaman Common Stock | 4,550 | 0 | D |
| Stock Options (Right to Buy)F1 | $33.59 | Sep 1, 2016 | M | 3,648 | D | — | — | Kaman Common Stock | 3,648 | 912 | D |
| Stock Options (Right to Buy)F1 | $36.29 | holding | — | — | — | — | — | Kaman Common Stock | 4,895 | 4,895 | D |
| Stock Options (Right to Buy)F2 | $39.22 | holding | — | — | — | — | — | Kaman Common Stock | 6,500 | 6,500 | D |
Explanation of responses
- F1Exercisable 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.
- F2Represents 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.