Benjamin M. Goodwin - 03 Jan 2023 Form 4 Insider Report for KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)

Role
SVP, Corp. Dev. & Gov. Affairs
Signature
Benjamin M. Goodwin, by Eva Yee, Attorney-In-Fact
Issuer symbol
KTOS
Transactions as of
03 Jan 2023
Net transactions value
-$30,149
Form type
4
Filing time
05 Jan 2023, 19:34:55 UTC
Previous filing
18 May 2022
Next filing
02 Mar 2023
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 +2,500 +14% $0.000000 20,358 03 Jan 2023 Direct F3, F7
transaction KTOS Common Stock Tax liability $9,990 -996 -4.9% $10.03 19,362 03 Jan 2023 Direct F6, F7
transaction KTOS Common Stock Options Exercise $0 +2,500 +13% $0.000000 21,862 03 Jan 2023 Direct F4, F7
transaction KTOS Common Stock Tax liability $9,990 -996 -4.6% $10.03 20,866 03 Jan 2023 Direct F6, F7
transaction KTOS Common Stock Options Exercise $0 +2,500 +12% $0.000000 23,366 04 Jan 2023 Direct F5, F7
transaction KTOS Common Stock Tax liability $10,169 -996 -4.3% $10.21 22,370 04 Jan 2023 Direct F6, F7
holding KTOS Common Stock 13,105 03 Jan 2023 by trust

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 +12,500 $0.000000 12,500 03 Jan 2023 Common Stock 12,500 Direct F1, F2
transaction KTOS Restricted Stock Units Options Exercise $0 -2,500 -33% $0.000000 5,000 03 Jan 2023 Common Stock 2,500 Direct F1, F3
transaction KTOS Restricted Stock Units Options Exercise $0 -2,500 -20% $0.000000 10,000 03 Jan 2023 Common Stock 2,500 Direct F1, F4
transaction KTOS Restricted Stock Units Options Exercise $0 -2,500 -25% $0.000000 7,500 04 Jan 2023 Common Stock 2,500 Direct F1, F5
* 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 6, 2020, where 12,500 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 12,500 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, 2021 where 12,500 RSUs vest ratably on each of the first five anniversaries of the January 4, 2021 date of grant.
F6 Shares withheld in a net transaction to satisfy the minimum tax liability, in accordance with Issuer's trading policies, in connection with shares vested as reported in this Form 4.
F7 Includes 187 shares purchased through Issuer's Employee Stock Purchase Plan.