Kaman

AR 13

Proxy

Proxy/Summary Compensation Table/Outstanding Equity Awards at 2013 Fiscal Year-End

The following table lists the outstanding stock options and restricted stock awards at December 31, 2013, for each of our named executive officers.

Option Awards Stock Awards
Name Number of
Securities
Underlying
Unexercised
Options
(#)
Exercisable
Number of
Securities
Underlying
Unexercised
Options
(#)
Unexercisable(1)
Option
Exercise
Price
($)
Option
Grant
Date
Option
Expiration
Date
Stock
Awards
Number of
Shares or
Units of
Stock That
Have Not
Vested
(#)
Market
Value of
Number of
Shares or
Units of
Stock That
Have Not
Vested
($)(2)(3)
Neal J. Keating
Robert D. Starr 4/29/2009 500 $19,865
3,786 2,524 $26.07 2/22/2010 2/22/2020 2/22/2010 892 $35,439
2,104 3,156 $31.78 2/21/2011 2/21/2021 2/21/2011 1,197 $47,557
1,044 4,176 $33.59 2/20/2012 2/20/2022 2/20/2012 1,512 $60,072
5,135 $36.29 2/18/2013 2/18/2023 2/18/2013 1,760 $69,925
William C. Denninger 10,000 $21.27 11/17/2008 6/30/2018
14,580 9,720 $26.07 2/22/2010 6/30/2018
Gregory L. Steiner 20,000 $21.60 7/7/2008 7/7/2018
12,015 4,005 $16.35 2/23/2009 2/23/2019 2/23/2009 1,579 $62,734
11,094 7,396 $26.07 2/22/2010 2/22/2020 2/22/2010 2,612 $103,775
Steven J. Smidler 12/1/2009 420 $16,687
6,328 9,492 $31.78 2/21/2011 2/21/2021 2/21/2011 3,606 $143,266
Ronald M. Galla
Shawn G. Lisle 500 2,000 $33.59 2/20/2012 2/20/2022 2/20/2012 1,600 $63,568
4,120 $36.29 2/18/2013 2/18/2023 2/18/2013 1,415 $56,218
_______________
  1. Unless otherwise stated, options vest at the rate of 20% per year, beginning March 1 of the year following the grant date and have a term of 10 years. Vesting of these awards may be accelerated upon death, disability, retirement or upon termination of employment following a change in control event, or in other termination of employment circumstances in accordance with the employment agreements and change in control agreements for each named executive officer and otherwise as provided in the 2003 Stock Incentive Plan. Please see the Post-Termination Payments and Benefits section at page 42.
  2. Market value is calculated based on the closing price of the Company's Common Stock on December 31, 2013 (the last business day of the year), which was $39.73.
  3. Unless otherwise stated, restrictions lapse with respect to restricted stock awards at the rate of 20% per year, beginning March 1 of the year following the grant date. Lapsing of restrictions may be accelerated upon death, disability, retirement or upon termination of employment following a change in control event, or in other termination of employment circumstances in accordance with the employment agreements and change in control agreements for each named executive officer and otherwise as provided in the 2003 Stock Incentive Plan. Please see the Post-Termination Payments and Benefits section at page 42.