Sec Form 4 Filing - Starr Robert D. @ KAMAN Corp - 2020-02-05

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Starr Robert D.
2. Issuer Name and Ticker or Trading Symbol
KAMAN Corp [ KAMN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Exec VP and CFO
(Last) (First) (Middle)
C/O KAMAN CORPORATION, 1332 BLUE HILLS AVE
3. Date of Earliest Transaction (MM/DD/YY)
02/05/2020
(Street)
BLOOMFIELD, CT06002
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Kaman Common Stock 02/05/2020 M 6,310 ( 1 ) A $ 26.07 30,884.0501 ( 2 ) ( 3 ) D
Kaman Common Stock 02/05/2020 F 3,764 ( 4 ) D $ 64.4 27,120.0501 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Right to Buy) $ 26.07 02/05/2020 M 6,310 ( 5 ) 02/22/2020 Kaman Common Stock 6,310 $ 0 0 D
Stock Options (Right to Buy) $ 31.775 ( 5 ) 02/21/2021 Kaman Common Stock 5,260 5,260 D
Stock Options (Right to Buy) $ 33.59 ( 5 ) 02/20/2022 Kaman Common Stock 5,220 5,220 D
Stock Options (Right to Buy) $ 36.29 ( 5 ) 02/18/2023 Kaman Common Stock 5,135 5,135 D
Stock Options (Right to Buy) $ 39.22 ( 5 ) 02/19/2024 Kaman Common Stock 15,470 15,470 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Starr Robert D.
C/O KAMAN CORPORATION
1332 BLUE HILLS AVE
BLOOMFIELD, CT06002
Exec VP and CFO
Signatures
/s/ Robert D. Starr 02/07/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The activity reported herein reflects the net settlement of options pursuant to the 2003 Stock Incentive Plan. The option shares would otherwise expire in accordance with their terms on February 22, 2020.
( 2 )Includes the acquisition of 6.919763 shares under the Dividend Reinvestment Program through 2/7/2020.
( 3 )Includes the acquisition of 9.530708 shares under the Corporation's Employee Stock Purchase Plan, a Rule 16b-3 qualified plan, through 2/7/2020.
( 4 )Represents the number of shares withheld by the issuer to satisfy the option price and income tax withholding and remittance obligations in connection with the net settlement of options, as permitted by the 2003 Stock Incentive Plan, and does not represent a sale by the reporting person.
( 5 )Exercisable at the rate of 20% per year, generally beginning March 1st of the year after the grant date; expires ten (10) years after grant. All options were 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.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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