Eric M. Demarco - Sep 8, 2021 Form 4 Insider Report for KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)

Role
President & CEO, Director
Signature
Eric M. DeMarco, by Eva Yee, Attorney-In-Fact
Stock symbol
KTOS
Transactions as of
Sep 8, 2021
Transactions value $
-$370,126
Form type
4
Date filed
9/10/2021, 08:32 PM
Previous filing
Aug 25, 2021
Next filing
Sep 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KTOS Common Stock Options Exercise $0 +20K +5.62% $0.00 376K Sep 8, 2021 by trust F2, F3
transaction KTOS Common Stock Tax liability -$186K -7.87K -2.09% $23.67 368K Sep 8, 2021 by trust F4
transaction KTOS Common Stock Options Exercise $0 +20K +5.43% $0.00 388K Sep 9, 2021 by trust F2, F3
transaction KTOS Common Stock Tax liability -$184K -7.87K -2.03% $23.36 380K Sep 9, 2021 by trust F4
holding KTOS Common Stock 54.4K Sep 8, 2021 Direct F5

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 Options Exercise $0 -20K -50% $0.00 20K Sep 8, 2021 Common Stock 20K Direct F1, F2
transaction KTOS Restricted Stock Units Options Exercise $0 -20K -100% $0.00* 0 Sep 9, 2021 Common Stock 20K Direct F1, F2
* 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 granted on January 4, 2016 that vested and are released after a 5-year deferral period.
F3 RSUs were granted to Reporting Person, and per Reporting Person's instructions, the common stock from such released RSUs were issued to Reporting Person's trust.
F4 Shares withheld in a net transaction to satisfy the minimum tax liability, in accordance with Issuer's trading policies.
F5 Includes 37,702 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 16,723 shares held through Issuer's 401(k) Plan.