Marie Mendoza - Jun 4, 2021 Form 4 Insider Report for KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)

Role
SVP & General Counsel
Signature
Marie C. Mendoza, by Eva Yee, Attorney-In-Fact
Stock symbol
KTOS
Transactions as of
Jun 4, 2021
Transactions value $
-$8,960
Form type
4
Date filed
6/8/2021, 08:07 PM
Previous filing
May 21, 2021
Next filing
Jun 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KTOS Common Stock Options Exercise $0 +1K +3.29% $0.00 31.4K Jun 4, 2021 Direct F2, F4
transaction KTOS Common Stock Tax liability -$8.96K -345 -1.1% $25.97 31.1K Jun 4, 2021 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 -1K -20% $0.00 4K Jun 4, 2021 Common Stock 1K 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 4 filed January 5, 2020, where 5,000 RSUs vest ratably on each of the first five anniversaries of the June 4, 2020 date of grant.
F3 Shares withheld in a net transaction to satisfy the minimum tax liability, in accordance with Issuer's trading policies, in connection with shares vested as reported in this Form 4.
F4 Includes 235 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 11,813 shares held through Issuer's 401(k) Plan.