Starr Robert D. Form 4 KAMAN / Robert D. Starr ownership change

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^*

Starr Robert D.

(Last) (First) (Middle)

C/O KAMAN CORPORATION

1332 BLUE HILLS AVE

(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)
Exec VP and CFO

3. Date of Earliest Transaction (Month/Day/Year)
02/05/2020

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	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 (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
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

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.

	/s/ Robert D. Starr	02/07/2020
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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