SEC Form 4 · accession 0001127602-17-011793
KAMAN Corp · KAMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip A Goodrich
Officer — Sr VP, Corporate Development
Period of report
Mar 13, 2017
Accepted (ET)
Mar 15, 2017 · 4:17 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 | Mar 13, 2017 | M | 10,685 | $33.59 | A | 26,735 | D | |
| Kaman Common StockF1 | Mar 13, 2017 | F | 8,476 | $48.70 | D | 18,259 | 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)F2 | $33.59 | Mar 13, 2017 | M | 10,685 | D | — | — | Kaman Common Stock | 10,685 | 0 | D |
Explanation of responses
- F18,476 Shares withheld to cover the option cost and taxes in a net settled exercise on 3/13/2017. 2,209 shares were issued.
- F2Exercisable 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.