Stacey G. Rock - 03 Jan 2024 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 2024
Net transactions value
-$102,936
Form type
4
Filing time
05 Jan 2024, 20:35:40 UTC
Previous filing
15 Dec 2023
Next filing
28 Feb 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 +3,000 +9.6% $0.000000 34,228 03 Jan 2024 Direct F3, F8
transaction KTOS Common Stock Tax liability $26,455 -1,430 -4.2% $18.50 32,798 03 Jan 2024 Direct F7, F8
transaction KTOS Common Stock Options Exercise $0 +3,000 +9.1% $0.000000 35,798 03 Jan 2024 Direct F4, F8
transaction KTOS Common Stock Tax liability $26,455 -1,430 -4% $18.50 34,368 03 Jan 2024 Direct F7, F8
transaction KTOS Common Stock Options Exercise $0 +3,000 +8.7% $0.000000 37,368 03 Jan 2024 Direct F5, F8
transaction KTOS Common Stock Tax liability $25,863 -1,398 -3.7% $18.50 35,970 03 Jan 2024 Direct F7, F8
transaction KTOS Common Stock Options Exercise $0 +3,000 +8.3% $0.000000 38,970 04 Jan 2024 Direct F6, F8
transaction KTOS Common Stock Tax liability $24,163 -1,304 -3.3% $18.53 37,666 04 Jan 2024 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 04 Jan 2024 Common Stock 15,000 Direct F1, F2
transaction KTOS Restricted Stock Units Options Exercise $0 -3,000 -50% $0.000000 3,000 03 Jan 2024 Common Stock 3,000 Direct F1, F3
transaction KTOS Restricted Stock Units Options Exercise $0 -3,000 -25% $0.000000 9,000 03 Jan 2024 Common Stock 3,000 Direct F1, F4
transaction KTOS Restricted Stock Units Options Exercise $0 -3,000 -20% $0.000000 12,000 03 Jan 2024 Common Stock 3,000 Direct F1, F5
transaction KTOS Restricted Stock Units Options Exercise $0 -3,000 -33% $0.000000 6,000 04 Jan 2024 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 3, 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 4 filed January 5, 2023, where 15,000 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 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 tax liability, in accordance with Issuer's trading policies, in connection with shares vested as reported in this Form 4.
F8 Includes 3,505 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 12,733 shares held through Issuer's 401(k).