SEC FORM 4 SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Lisle Shawn G

(Last) (First) (Middle)
C/O KAMAN CORPORATION
1332 BLUE HILLS AVENUE

(Street)
BLOOMFIELD CT 06002

(City) (State) (Zip)
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)
Sr VP & General Counsel
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2022
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 03/01/2022 F 243(1) D $43.41 21,016.7103 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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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
Performance-Based Restricted Stock Unit $0 (2) 12/31/2024 Kaman Common Stock 8,990 8,990 D
Performance-Based Restricted Stock Unit $0 (3) 12/31/2023 Kaman Common Stock 5,865 5,865 D
Stock Options (Right to Buy) $36.29 (4) 02/18/2023 Kaman Common Stock 3,620 3,620 D
Explanation of Responses:
1. Represents shares withheld from a vested restricted stock award to satisfy tax obligations, as permitted by the Company's Amended and Restated 2013 Management Incentive Plan.
2. 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, 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.
3. 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.
4. 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., Power of Attorney for Mr. Lisle 03/03/2022
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
POWER OF ATTORNEY


 	Know all by these presents, that the undersigned hereby constitutes and
 	appoints each of Robert D. Starr, Richard S. Smith, Jr. and John J. Tedone,
 	signing singly, the undersigned's true and lawful attorney-in-fact to:

      (1)	execute for and on behalf of the undersigned, in the undersigned's
      capacity as an executive officer and/or director of Kaman Corporation
      (the ?Company?), Forms 3, 4, and 5 in accordance with Section 16(a)
      of the Securities Exchange Act of 1934 and the rules thereunder;

      (2)	do and perform any and all acts for and on behalf of the
      undersigned which may be necessary or desirable to complete and execute
       any such Form 3, 4, or 5, complete and execute any amendment or
       amendments thereto, and timely file such form with the United States
       Securities and Exchange Commission and any stock exchange or similar
       authority; and

      (3)	take any other action of any type whatsoever in connection with
      the foregoing which, in the opinion of such attorney-in-fact, may be
      of benefit to, in the best interest of, or legally required by, the
      undersigned, it being understood that the documents executed by such
      attorney-in-fact on behalf of the undersigned pursuant to this Power
      of Attorney shall be in such form and shall contain such terms and
      conditions as such attorney-in-fact may approve in such
      attorney-in-fact's discretion.

      The undersigned hereby grants to each such attorney-in-fact full power
      and authority to do and perform any and every act and thing whatsoever
      requisite, necessary, or proper to be done in the exercise of any of
      the rights and powers herein granted, as fully to all intents and
      purposes as the undersigned might or could do if personally present,
      with full power of substitution or revocation, hereby ratifying and
      confirming all that such attorney-in-fact, or such attorney-in-fact's
       substitute or substitutes, shall lawfully do or cause to be done by
       virtue of this power of attorney and the rights and powers herein
       granted.  The undersigned acknowledges that the foregoing
       attorneys-in-fact, in serving in such capacity at the request of the
       undersigned, are not assuming, nor is the Company assuming, any of
       the undersigned's responsibilities to comply with Section 16 of the
       Securities Exchange Act of 1934.

      This Power of Attorney shall remain in full force and effect until the
      undersigned is no longer required to file Forms 3, 4, and 5 with
      respect to the undersigned's holdings of and transactions in securities
      issued by the Company, unless earlier revoked by the undersigned in a
       signed writing delivered to the foregoing attorneys-in-fact.


      IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney
      to be executed as of this 18th day of February, 2014.


	/s/ Shawn G. Lisle
	Shawn G. Lisle