Marie Mendoza - 29 Feb 2024 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
29 Feb 2024
Net transactions value
-$27,075
Form type
4
Filing time
04 Mar 2024, 20:15:50 UTC
Previous filing
05 Jan 2024
Next filing
12 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KTOS Common Stock Award $0 +10,000 +20% $0.000000 58,880 29 Feb 2024 Direct F1, F7
transaction KTOS Common Stock Award $0 +3,333 +5.7% $0.000000 62,213 29 Feb 2024 Direct F2, F7
transaction KTOS Common Stock Award $0 +10,000 +16% $0.000000 72,213 29 Feb 2024 Direct F3, F7
transaction KTOS Common Stock Award $0 +5,000 +6.9% $0.000000 77,213 29 Feb 2024 Direct F4, F7
transaction KTOS Common Stock Award $0 +15,000 +19% $0.000000 92,213 29 Feb 2024 Direct F5, F7
transaction KTOS Common Stock Sale $27,075 -1,500 -1.6% $18.05 90,713 04 Mar 2024 Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares acquired pursuant to the settlement of a Performance Restricted Stock Unit Award granted on January 3, 2020.
F2 Shares acquired pursuant to the settlement of a Performance Restricted Stock Unit Award granted on June 4, 2020.
F3 Shares acquired pursuant to the settlement of a Performance Restricted Stock Unit Award granted on January 4, 2021.
F4 Shares acquired pursuant to the settlement of a Performance Restricted Stock Unit Award granted on January 3, 2022.
F5 Shares acquired pursuant to the settlement of a Performance Restricted Stock Unit Award granted on January 3, 2023.
F6 This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on March 15, 2021, as amended December 4, 2023.
F7 Includes 1,547 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 14,029 shares held through Issuer's 401(k).