BLOOMFIELD, Conn., Nov. 14 /PRNewswire-FirstCall/ -- (Nasdaq: KAMN)
Kaman Corp. (the "Company") today announced that Paul R. Kuhn, Chairman and
Chief Executive Officer, has entered into an individual stock trading plan
in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934.
Mr. Kuhn has informed the Company that he has adopted the trading plan in
anticipation of his previously announced retirement in February 2008. He
intends to sell approximately 153,000 shares of his current ownership of
the Company's common stock beginning in December 2007, subject to the terms
and limitations of his trading plan. As of November 13, 2007, Mr. Kuhn
beneficially owned 207,526 shares of the Company's common stock and would
continue to own 54,526 shares if all shares subject to his trading plan are
sold.
Kaman Corp. conducts business in the aerospace, industrial distribution
and music markets.
SOURCE Kaman Corp.
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Related links:
http://www.kaman.com
http://www.prnewswire.com/comp/480450.html /
CONTACT:
Russell H. Jones, SVP, Chief Investment
Officer & Treasurer, +1-860-243-6307, Russell.Jones@kaman.com
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