THOMAS E. MILLS IV - 03 Jan 2024 Form 4 Insider Report for KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)

Role
President, C5ISR Division
Signature
Thomas E. Mills, by Eva Yee, Attorney-In-Fact
Issuer symbol
KTOS
Transactions as of
03 Jan 2024
Net transactions value
-$210,378
Form type
4
Filing time
05 Jan 2024, 20:22:13 UTC
Previous filing
06 Dec 2023
Next filing
04 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KTOS Common Stock Options Exercise $0 +3,000 +148% $0.000000 5,027 03 Jan 2024 Direct F3, F9
transaction KTOS Common Stock Tax liability $25,382 -1,372 -27% $18.50 3,655 03 Jan 2024 Direct F8, F9
transaction KTOS Common Stock Options Exercise $0 +3,000 +82% $0.000000 6,655 03 Jan 2024 Direct F4, F9
transaction KTOS Common Stock Tax liability $25,382 -1,372 -21% $18.50 5,283 03 Jan 2024 Direct F8, F9
transaction KTOS Common Stock Options Exercise $0 +3,000 +57% $0.000000 8,283 03 Jan 2024 Direct F5, F9
transaction KTOS Common Stock Tax liability $24,790 -1,340 -16% $18.50 6,943 03 Jan 2024 Direct F8, F9
transaction KTOS Common Stock Options Exercise $0 +15,000 +216% $0.000000 21,943 04 Jan 2024 Direct F6, F9
transaction KTOS Common Stock Tax liability $112,347 -6,063 -28% $18.53 15,880 04 Jan 2024 Direct F8, F9
transaction KTOS Common Stock Options Exercise $0 +3,000 +19% $0.000000 18,880 04 Jan 2024 Direct F7, F9
transaction KTOS Common Stock Tax liability $22,477 -1,213 -6.4% $18.53 17,667 04 Jan 2024 Direct F8, F9

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KTOS Restricted Stock Units Award $0 +15,000 $0.000000 15,000 04 Jan 2024 Common Stock 15,000 Direct F1, F2
transaction KTOS Restricted Stock Units Options Exercise $0 -3,000 -50% $0.000000 3,000 03 Jan 2024 Common Stock 3,000 Direct F1, F3
transaction KTOS Restricted Stock Units Options Exercise $0 -3,000 -25% $0.000000 9,000 03 Jan 2024 Common Stock 3,000 Direct F1, F4
transaction KTOS Restricted Stock Units Options Exercise $0 -3,000 -20% $0.000000 12,000 03 Jan 2024 Common Stock 3,000 Direct F1, F5
transaction KTOS Restricted Stock Units Options Exercise $0 -15,000 -100% $0.000000* 0 04 Jan 2024 Common Stock 15,000 Direct F1, F6
transaction KTOS Restricted Stock Units Options Exercise $0 -3,000 -33% $0.000000 6,000 04 Jan 2024 Common Stock 3,000 Direct F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit (RSU) represents a contingent right to receive one share of Issuer's common stock.
F2 RSUs vest ratably on each of the first five anniversaries of the date of grant, unless earlier vested or terminated pursuant to the terms of the RSU agreement.
F3 RSUs were granted and previously reported on a Form 4 filed January 3, 2020, where 15,000 RSUs vest ratably on each of the first five anniversaries of the January 3, 2020 date of grant.
F4 RSUs were granted and previously reported on a Form 4 filed January 5, 2022, where 15,000 RSUs vest ratably on each of the first five anniversaries of the January 3, 2022 date of grant.
F5 RSUs were granted and previously reported on a Form 4 filed January 5, 2023, where 15,000 RSUs vest ratably on each of the first five anniversaries of the January 3, 2023 date of grant.
F6 RSUs were granted and previously reported on a Form 4 filed January 8, 2019, where 15,000 RSUs vest on the fifth anniversary of the January 4, 2019 date of grant.
F7 RSUs were granted and previously reported on a Form 4 filed January 5, 2021, where 15,000 RSUs vest ratably on each of the first five anniversaries of the January 4, 2021 date of grant.
F8 Shares withheld in a net transaction to satisfy the tax liability, in accordance with Issuer's trading policies, in connection with shares vested as reported in this Form 4.
F9 Includes 427 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 1,600 shares held through Issuer's 401(k).