Stacey G. Rock - 03 Jan 2023 Form 4 Insider Report for KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)

Role
President, KTT Division
Signature
Stacey G. Rock, by Eva Yee, Attorney-In-Fact
Issuer symbol
KTOS
Transactions as of
03 Jan 2023
Net transactions value
-$63,320
Form type
4
Filing time
05 Jan 2023, 20:45:10 UTC
Previous filing
10 Mar 2022
Next filing
11 Aug 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 +3,000 +8.6% $0.000000 37,732 03 Jan 2023 Direct F3, F8
transaction KTOS Common Stock Tax liability $13,430 -1,339 -3.5% $10.03 36,393 03 Jan 2023 Direct F7, F8
transaction KTOS Common Stock Options Exercise $0 +3,000 +8.2% $0.000000 39,393 03 Jan 2023 Direct F4, F8
transaction KTOS Common Stock Tax liability $13,430 -1,339 -3.4% $10.03 38,054 03 Jan 2023 Direct F7, F8
transaction KTOS Common Stock Options Exercise $0 +5,000 +13% $0.000000 43,054 04 Jan 2023 Direct F5, F8
transaction KTOS Common Stock Tax liability $22,789 -2,232 -5.2% $10.21 40,822 04 Jan 2023 Direct F7, F8
transaction KTOS Common Stock Options Exercise $0 +3,000 +7.3% $0.000000 43,822 04 Jan 2023 Direct F6, F8
transaction KTOS Common Stock Tax liability $13,671 -1,339 -3.1% $10.21 42,483 04 Jan 2023 Direct F7, F8

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 +15,000 $0.000000 15,000 03 Jan 2023 Common Stock 15,000 Direct F1, F2
transaction KTOS Restricted Stock Units Options Exercise $0 -3,000 -33% $0.000000 6,000 03 Jan 2023 Common Stock 3,000 Direct F1, F3
transaction KTOS Restricted Stock Units Options Exercise $0 -3,000 -20% $0.000000 12,000 03 Jan 2023 Common Stock 3,000 Direct F1, F4
transaction KTOS Restricted Stock Units Options Exercise $0 -5,000 -100% $0.000000* 0 04 Jan 2023 Common Stock 5,000 Direct F1, F5
transaction KTOS Restricted Stock Units Options Exercise $0 -3,000 -25% $0.000000 9,000 04 Jan 2023 Common Stock 3,000 Direct F1, F6
* 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 15,000 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 15,000 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 3 filed March 1, 2019, where 5,000 RSUs vest on January 4, 2023.
F6 RSUs were granted and previously reported on a Form 4 filed January 5, 2021 where 15,000 RSUs vest ratably on each of the first five anniversaries of the January 4, 2021 date of grant.
F7 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.
F8 Includes 2,039 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 12,350 shares held through Issuer's 401(k) Plan.