Phillip D. Carrai - 03 Jan 2025 Form 4 Insider Report for KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)

Role
President, STC Division
Signature
Phillip D. Carrai, by Eva Yee, Attorney-In-Fact
Issuer symbol
KTOS
Transactions as of
03 Jan 2025
Net transactions value
-$627,891
Form type
4
Filing time
07 Jan 2025, 18:59:14 UTC
Previous filing
18 Dec 2024
Next filing
05 Mar 2025
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 +10,000 +3.8% $0.000000 272,030 03 Jan 2025 Direct F3, F9
transaction KTOS Common Stock Tax liability $132,151 -4,809 -1.8% $27.48 267,221 03 Jan 2025 Direct F8, F9
transaction KTOS Common Stock Options Exercise $0 +10,000 +3.7% $0.000000 277,221 03 Jan 2025 Direct F4, F9
transaction KTOS Common Stock Tax liability $123,935 -4,510 -1.6% $27.48 272,711 03 Jan 2025 Direct F8, F9
transaction KTOS Common Stock Options Exercise $0 +10,000 +3.7% $0.000000 282,711 03 Jan 2025 Direct F5, F9
transaction KTOS Common Stock Tax liability $123,935 -4,510 -1.6% $27.48 278,201 03 Jan 2025 Direct F8, F9
transaction KTOS Common Stock Options Exercise $0 +10,000 +3.6% $0.000000 288,201 04 Jan 2025 Direct F6, F9
transaction KTOS Common Stock Tax liability $123,935 -4,510 -1.6% $27.48 283,691 04 Jan 2025 Direct F8, F9
transaction KTOS Common Stock Options Exercise $0 +10,000 +3.5% $0.000000 293,691 04 Jan 2025 Direct F7, F9
transaction KTOS Common Stock Tax liability $123,935 -4,510 -1.5% $27.48 289,181 04 Jan 2025 Direct F8, F9
holding KTOS Common Stock 46,644 03 Jan 2025 by trust

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 +50,000 $0.000000 50,000 03 Jan 2025 Common Stock 50,000 Direct F1, F2
transaction KTOS Restricted Stock Units Options Exercise $0 -10,000 -100% $0.000000 0 03 Jan 2025 Common Stock 10,000 Direct F1, F3
transaction KTOS Restricted Stock Units Options Exercise $0 -10,000 -33% $0.000000 20,000 03 Jan 2025 Common Stock 10,000 Direct F1, F4
transaction KTOS Restricted Stock Units Options Exercise $0 -10,000 -25% $0.000000 30,000 03 Jan 2025 Common Stock 10,000 Direct F1, F5
transaction KTOS Restricted Stock Units Options Exercise $0 -10,000 -50% $0.000000 10,000 04 Jan 2025 Common Stock 10,000 Direct F1, F6
transaction KTOS Restricted Stock Units Options Exercise $0 -10,000 -20% $0.000000 40,000 04 Jan 2025 Common Stock 10,000 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 50,000 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 50,000 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 50,000 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 50,000 RSUs vest ratably on each of the first five anniversaries of the January 4, 2021 date of grant.
F7 RSUs were granted and previously reported on a Form 4 filed January 5, 2024, where 50,000 RSUs vest ratably on each of the first five anniversaries of the January 4, 2024 date of grant.
F8 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.
F9 Includes 11,385 shares purchased through Issuer's Employee Stock Purchase Plan, and approximately 3,921 shares held through Issuer's 401(k) Plan.