Benjamin M. Goodwin - 03 Jan 2024 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 2024
Net transactions value
-$152,838
Form type
4
Filing time
05 Jan 2024, 19:52:53 UTC
Previous filing
25 Aug 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 +2,500 +22% $0.000000 13,637 03 Jan 2024 Direct F3, F9
transaction KTOS Common Stock Tax liability $18,518 -1,001 -7.3% $18.50 12,636 03 Jan 2024 Direct F8, F9
transaction KTOS Common Stock Options Exercise $0 +2,500 +20% $0.000000 15,136 03 Jan 2024 Direct F4, F9
transaction KTOS Common Stock Tax liability $18,518 -1,001 -6.6% $18.50 14,135 03 Jan 2024 Direct F8, F9
transaction KTOS Common Stock Options Exercise $0 +2,500 +18% $0.000000 16,635 03 Jan 2024 Direct F5, F9
transaction KTOS Common Stock Tax liability $18,518 -1,001 -6% $18.50 15,634 03 Jan 2024 Direct F8, F9
transaction KTOS Common Stock Options Exercise $0 +12,500 +80% $0.000000 28,134 04 Jan 2024 Direct F6, F9
transaction KTOS Common Stock Tax liability $81,180 -4,381 -16% $18.53 23,753 04 Jan 2024 Direct F8, F9
transaction KTOS Common Stock Options Exercise $0 +2,500 +11% $0.000000 26,253 04 Jan 2024 Direct F7, F9
transaction KTOS Common Stock Tax liability $16,103 -869 -3.3% $18.53 25,384 04 Jan 2024 Direct F8, F9
holding KTOS Common Stock 13,105 03 Jan 2024 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 04 Jan 2024 Common Stock 12,500 Direct F1, F2
transaction KTOS Restricted Stock Units Options Exercise $0 -2,500 -50% $0.000000 2,500 03 Jan 2024 Common Stock 2,500 Direct F1, F3
transaction KTOS Restricted Stock Units Options Exercise $0 -2,500 -25% $0.000000 7,500 03 Jan 2024 Common Stock 2,500 Direct F1, F4
transaction KTOS Restricted Stock Units Options Exercise $0 -2,500 -20% $0.000000 10,000 03 Jan 2024 Common Stock 2,500 Direct F1, F5
transaction KTOS Restricted Stock Units Options Exercise $0 -12,500 -100% $0.000000* 0 04 Jan 2024 Common Stock 12,500 Direct F1, F6
transaction KTOS Restricted Stock Units Options Exercise $0 -2,500 -33% $0.000000 5,000 04 Jan 2024 Common Stock 2,500 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 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, 2023, where 12,500 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 August 6, 2019, where 12,500 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 12,500 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 454 shares purchased through Issuer's Employee Stock Purchase Plan.