0001562180-23-001736.txt : 20230223 0001562180-23-001736.hdr.sgml : 20230223 20230223125935 ACCESSION NUMBER: 0001562180-23-001736 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230221 FILED AS OF DATE: 20230223 DATE AS OF CHANGE: 20230223 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SMITH RICHARD STANLEY JR CENTRAL INDEX KEY: 0001963434 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35419 FILM NUMBER: 23658426 MAIL ADDRESS: STREET 1: C/O KAMAN CORPORATION STREET 2: PO BOX 1 CITY: BLOOMFIELD STATE: CT ZIP: 06002 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: KAMAN Corp CENTRAL INDEX KEY: 0000054381 STANDARD INDUSTRIAL CLASSIFICATION: GUIDED MISSILES & SPACE VEHICLES & PARTS [3760] IRS NUMBER: 060613548 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1332 BLUE HILLS AVE STREET 2: PO BOX 1 CITY: BLOOMFIELD STATE: CT ZIP: 06002 BUSINESS PHONE: 8602436321 MAIL ADDRESS: STREET 1: 1332 BLUE HILLS AVE STREET 2: PO BOX 1 CITY: BLOOMFIELD STATE: CT ZIP: 06002 FORMER COMPANY: FORMER CONFORMED NAME: KAMAN CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: KAMAN AIRCRAFT CORP DATE OF NAME CHANGE: 19680403 4 1 primarydocument.xml PRIMARY DOCUMENT X0306 4 2023-02-21 false 0000054381 KAMAN Corp KAMN 0001963434 SMITH RICHARD STANLEY JR C/O KAMAN CORPORATION 1332 BLUE HILLS AVENUE BLOOMFIELD CT 06002 false true false false SVP GEN COUNSEL & SECRETARY Kaman Common Stock 2023-02-21 4 A false 4330.00 0.00 A 18775.00 D Performance-Based Restricted Stock Unit 0.00 2023-02-21 4 A false 12995.00 0.00 A 2025-12-31 Kaman Common Stock 12995.00 12995.00 D Performance-Based Restricted Stock Unit 0.00 2024-12-31 Kaman Common Stock 2120.00 2120.00 D Performance-Based Restricted Stock Unit 0.00 2023-12-31 Kaman Common Stock 1450.00 1450.00 D Stock Options (Right to buy) 64.48 2030-02-17 Kaman Common Stock 7635.00 7635.00 D Stock Options (Right to buy) 61.02 2029-02-18 Kaman Common Stock 7045.00 7045.00 D Stock Options (Right to buy) 62.46 2028-02-20 Kaman Common Stock 7575.00 7575.00 D Stock Options (Right to buy) 51.97 2027-02-17 Kaman Common Stock 8430.00 8430.00 D Stock Options (Right to buy) 42.86 2026-02-23 Kaman Common Stock 8095.00 8095.00 D Stock Options (Right to buy) 39.54 2025-02-17 Kaman Common Stock 4310.00 4310.00 D Stock Options (Right to buy) 39.22 2024-02-19 Kaman Common Stock 3340.00 3340.00 D Represents a restricted stock award granted under the Kaman Corporation Amended and Restated 2013 Management Incentive Plan, a Rule 16b-3 qualified plan. Restrictions lapse at the rate of 33 1/3% per year, beginning March 1 of the year following the grant date. Represents performance-based restricted share units ("PSUs") granted under the Amended and Restated Kaman Corporation 2013 Management Incentive Plan, a Rule 16b-3 qualified plan. Each PSU represents a contingent right to receive one share of the common stock, par value $1.00 per share, of the Company. The number of PSUs that may be earned is between 0% and 200% of the target number of PSUs and shall vest based on ROIC and relative TSR performance over the three-year performance period ending on December 31, 2025. The indicated number of PSUs assumes 100% vesting at target. The actual number of shares issued in settlement of the PSUs may be more or less than the indicated number. Represents PSUs granted under the Amended and Restated Kaman Corporation 2013 Management Incentive Plan, a Rule 16b-3 qualified plan. Each PSU represents a contingent right to receive one share of the common stock, par value $1.00 per share, of the Company. The number of PSUs that may be earned is between 0% and 200% of the target number of PSUs and shall vest based on ROIC and relative TSR performance over the three-year performance period ending on December 31, 2024. The indicated number of PSUs assumes 100% vesting at target. The actual number of shares issued in settlement of the PSUs may be more or less than the indicated number. Represents PSUs granted under the Amended and Restated Kaman Corporation 2013 Management Incentive Plan, a Rule 16b-3 qualified plan. Each PSU represents a contingent right to receive one share of the common stock, par value $1.00 per share, of the Company. The number of PSUs that may be earned is between 0% and 200% of the target number of PSUs and shall vest based on ROIC and relative TSR performance over the three-year performance period ending on December 31, 2023. The indicated number of PSUs assumes 100% vesting at target. The actual number of shares issued in settlement of the PSUs may be more or less than the indicated number. Exercisable at the rate of 20% per year, generally beginning one year after grant date; expires ten (10) years after grant. All options are 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. /s/ Richard S. Smith, Jr. 2023-02-23