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

Role
President, ME Division
Signature
Jonah Adelman, by Eva Yee, Attorney-In-Fact
Issuer symbol
KTOS
Transactions as of
03 Jan 2023
Net transactions value
$0
Form type
4
Filing time
05 Jan 2023, 18:16:29 UTC
Previous filing
02 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 +2.7% $0.000000 113,348 03 Jan 2023 Direct F3
transaction KTOS Common Stock Options Exercise $0 +3,000 +2.6% $0.000000 116,348 03 Jan 2023 Direct F4
transaction KTOS Common Stock Options Exercise $0 +15,000 +13% $0.000000 131,348 04 Jan 2023 Direct F5
transaction KTOS Common Stock Options Exercise $0 +3,000 +2.3% $0.000000 134,348 04 Jan 2023 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 +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 -15,000 -100% $0.000000* 0 04 Jan 2023 Common Stock 15,000 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 4 filed January 8, 2018 where 15,000 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.