Marie Mendoza - 04 Jun 2023 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
Issuer symbol
KTOS
Transactions as of
04 Jun 2023
Net transactions value
-$6,755
Form type
4
Filing time
06 Jun 2023, 19:59:33 UTC
Previous filing
18 May 2023
Next filing
16 Jun 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 +1,000 +2.4% $0.000000 42,354 04 Jun 2023 Direct F2, F4
transaction KTOS Common Stock Tax liability $6,755 -487 -1.1% $13.87 41,867 04 Jun 2023 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 -1,000 -33% $0.000000 2,000 04 Jun 2023 Common Stock 1,000 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 June 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 tax liability, in accordance with Issuer's trading policies, in connection with shares vested as reported in this Form 4.
F4 Includes 910 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 13,711 shares held through Issuer's 401(k) Plan.