X0508 4 2024-02-16 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 false Kaman Common Stock 2024-02-16 4 M false 3340.00 39.22 A 32087.00 D Kaman Common Stock 2024-02-16 4 F false 3069.00 45.04 D 29018.00 D Stock Options (Right to buy) 39.22 2024-02-16 4 M false 3340.00 0.00 D 2024-02-19 Kaman Common Stock 3340.00 0.00 D Performance-Based Restricted Stock Unit 0.00 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 The activity reported herein reflects the net settlement of options pursuant to the Kaman Corporation 2013 Management Incentive Plan, a Rule 16b-3 qualified plan. The options would otherwise expire in accordance with their terms on February 19, 2024. Represents the number of shares withheld by the issuer to satisfy the exercise price and income tax withholding and remittance obligations in connection with the net settlement of options, as permitted by the Kaman Corporation 2013 Management Incentive Plan and does not represent a sale by the reporting person. 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. Represents performance-based restricted share units ("PSUs") granted under the Kaman Corporation Amended and Restated 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 Kaman Corporation Amended and Restated 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 Kaman Corporation Amended and Restated 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. /s/ Richard S. Smith, Jr. 2024-02-20