Jonah Adelman - Jan 3, 2022 Form 4 Insider Report for KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)

Role
President, ME Division
Signature
Jonah Adelman, by Eva Yee, Attorney-In-Fact
Stock symbol
KTOS
Transactions as of
Jan 3, 2022
Transactions value $
$0
Form type
4
Date filed
1/5/2022, 06:14 PM
Next filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KTOS Common Stock Options Exercise $0 +3K +4.26% $0.00 73.5K Jan 3, 2022 Direct F3
transaction KTOS Common Stock Options Exercise $0 +15K +20.41% $0.00 88.5K Jan 4, 2022 Direct F4
transaction KTOS Common Stock Options Exercise $0 +3K +3.39% $0.00 91.5K Jan 4, 2022 Direct F5
transaction KTOS Common Stock Options Exercise $0 +10.6K +11.57% $0.00 102K Jan 4, 2022 Direct F6

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 +15K $0.00 15K Jan 3, 2022 Common Stock 15K Direct F1, F2
transaction KTOS Restricted Stock Units Options Exercise $0 -3K -25% $0.00 9K Jan 3, 2022 Common Stock 3K Direct F1, F3
transaction KTOS Restricted Stock Units Options Exercise $0 -15K -100% $0.00* 0 Jan 4, 2022 Common Stock 15K Direct F1, F4
transaction KTOS Restricted Stock Units Options Exercise $0 -3K -20% $0.00 12K Jan 4, 2022 Common Stock 3K 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 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, 2017 where 15,000 RSUs vest on January 4, 2022.
F5 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.
F6 Shares acquired pursuant to the settlement of a Performance Restricted Stock Unit award granted on January 4, 2019.