Marie Mendoza - Jun 4, 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
Stock symbol
KTOS
Transactions as of
Jun 4, 2023
Transactions value $
-$6,755
Form type
4
Date filed
6/6/2023, 07:59 PM
Previous filing
May 18, 2023
Next filing
Jun 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KTOS Common Stock Options Exercise $0 +1K +2.42% $0.00 42.4K Jun 4, 2023 Direct F2, F4
transaction KTOS Common Stock Tax liability -$6.75K -487 -1.15% $13.87 41.9K Jun 4, 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 -1K -33.33% $0.00 2K Jun 4, 2023 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 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.