Jonah Adelman - Jan 3, 2024 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, 2024
Transactions value $: $0
Form type: 4
Date filed: 1/5/2024, 06:27 PM
Previous filing: Aug 11, 2023
Next filing: Mar 4, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KTOS	Common Stock	Options Exercise	$0	+3K	+4.45%	$0.00	70.3K	Jan 3, 2024	Direct	F3
transaction	KTOS	Common Stock	Options Exercise	$0	+3K	+4.26%	$0.00	73.3K	Jan 3, 2024	Direct	F4
transaction	KTOS	Common Stock	Options Exercise	$0	+3K	+4.09%	$0.00	76.3K	Jan 3, 2024	Direct	F5
transaction	KTOS	Common Stock	Options Exercise	$0	+15K	+19.65%	$0.00	91.3K	Jan 4, 2024	Direct	F6
transaction	KTOS	Common Stock	Options Exercise	$0	+3K	+3.28%	$0.00	94.3K	Jan 4, 2024	Direct	F7

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 4, 2024	Common Stock	15K		Direct	F1, F2
transaction	KTOS	Restricted Stock Units	Options Exercise	$0	-3K	-50%	$0.00	3K	Jan 3, 2024	Common Stock	3K		Direct	F1, F3
transaction	KTOS	Restricted Stock Units	Options Exercise	$0	-3K	-25%	$0.00	9K	Jan 3, 2024	Common Stock	3K		Direct	F1, F4
transaction	KTOS	Restricted Stock Units	Options Exercise	$0	-3K	-20%	$0.00	12K	Jan 3, 2024	Common Stock	3K		Direct	F1, F5
transaction	KTOS	Restricted Stock Units	Options Exercise	$0	-15K	-100%	$0.00^*	0	Jan 4, 2024	Common Stock	15K		Direct	F1, F6
transaction	KTOS	Restricted Stock Units	Options Exercise	$0	-3K	-33.33%	$0.00	6K	Jan 4, 2024	Common Stock	3K		Direct	F1, F7

* 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 8, 2019, where 15,000 RSUs vest on the fifth anniversary of the January 4, 2019 date of grant.
F7	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.