Eric M. Demarco - 01 Jan 2025 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
01 Jan 2025
Net transactions value
+$981,714,018
Form type
4
Filing time
03 Jan 2025, 20:14:38 UTC
Previous filing
21 Aug 2024
Next filing
07 Jan 2025
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 +115,000 +11% $0.000000 1,185,244 01 Jan 2025 by trust F2, F6
transaction KTOS Common Stock Tax liability $1,207,482 -45,531 -3.8% $26.52 1,139,713 01 Jan 2025 by trust F5, F6
transaction KTOS Common Stock Options Exercise $0 +25,000 +2.2% $0.000000 1,164,713 02 Jan 2025 by trust F3, F6
transaction KTOS Common Stock Tax liability $259,500 -9,837 -0.84% $26.38 1,154,876 02 Jan 2025 by trust F5, F6
transaction KTOS Common Stock Options Exercise $983,700,000 +50,000 +4.3% $19674.00 1,204,876 02 Jan 2025 by trust F4, F6
transaction KTOS Common Stock Tax liability $519,000 -19,674 -1.6% $26.38 1,185,202 02 Jan 2025 by trust F5, F6
holding KTOS Common Stock 61,904 01 Jan 2025 Direct F7

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 -115,000 -100% $0.000000 0 01 Jan 2025 Common Stock 115,000 Direct F1, F2
transaction KTOS Restricted Stock Units Options Exercise $0 -25,000 -100% $0.000000 0 02 Jan 2025 Common Stock 25,000 Direct F1, F3
transaction KTOS Restricted Stock Units Options Exercise $0 -50,000 -100% $0.000000 0 02 Jan 2025 Common Stock 50,000 Direct F1, F4
* 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 and previously reported on a Form 4 filed January 5, 2015, where 115,000 RSUs vest 100% on the 10th anniversary of the January 1, 2015 date of grant.
F3 RSUs were granted and previously reported on a Form 4 filed January 6, 2020, where 25,000 RSUs vest 100% on January 2, 2025.
F4 RSUs were granted on January 2, 2010 and vested on the 15th anniversary of the date of grant.
F5 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.
F6 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.
F7 Includes 42,910 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 18,994 shares held through Issuer's 401(k).