Stacey G. Rock - 27 Feb 2024 Form 4 Insider Report for KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)

Signature
Stacey G. Rock, by Eva Yee, Attorney-In-Fact
Issuer symbol
KTOS
Transactions as of
27 Feb 2024
Net transactions value
-$117,030
Form type
4
Filing time
28 Feb 2024, 20:03:28 UTC
Previous filing
05 Jan 2024
Next filing
04 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KTOS Common Stock Options Exercise $0 +15,000 +40% $0.000000 52,786 27 Feb 2024 Direct F2, F4
transaction KTOS Common Stock Tax liability $117,030 -6,265 -12% $18.68 46,521 27 Feb 2024 Direct F3, F4

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 -15,000 -100% $0.000000* 0 27 Feb 2024 Common Stock 15,000 Direct F1, F2
* 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 3 filed March 1, 2029, where 15,000 RSUs vest 100% on February 27, 2024.
F3 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.
F4 Includes 3,505 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 12,853 shares held through Issuer's 401(k).