ERIC M. DEMARCO - 30 Jan 2022 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
Issuer symbol
KTOS
Transactions as of
30 Jan 2022
Net transactions value
-$1,041,783
Form type
4
Filing time
06 Apr 2022, 19:45:11 UTC
Previous filing
21 Jan 2022
Next filing
23 Feb 2022
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 +98,750 +22% $0.000000 553,610 30 Jan 2022 by trust F2, F4
transaction KTOS Common Stock Tax liability $634,551 -38,858 -7% $16.33 514,752 04 Apr 2022 by trust F5
transaction KTOS Common Stock Options Exercise $0 +49,375 +9.6% $0.000000 564,127 26 Mar 2022 by trust F3, F4
transaction KTOS Common Stock Tax liability $407,232 -19,429 -3.4% $20.96 544,698 04 Apr 2022 by trust F5
holding KTOS Common Stock 55,430 30 Jan 2022 Direct F6

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 -98,750 -100% $0.000000* 0 30 Jan 2022 Common Stock 98,750 Direct F1, F2
transaction KTOS Restricted Stock Units Options Exercise $0 -49,375 -100% $0.000000* 0 26 Mar 2022 Common Stock 49,375 Direct F1, F3
* 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 were granted on January 30, 2007, vested on the 15th anniversary, and released for settlement on April 4, 2022.
F3 RSUs were granted on March 26, 2007, vested on the 15th anniversary, and released for settlement on April 4, 2022.
F4 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.
F5 Shares withheld in a net transaction to satisfy the minimum tax liability, in accordance with Issuer's trading policies, in connection with shares released as reported in this Form 4.
F6 Includes 38,138 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 17,292 shares held through Issuer's 401(k) Plan.