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KRATOS DEFENSE & SECURITY SOLUTIONS, INC. Director's Dealing 2010

Sep 13, 2010

30409_dirs_2010-09-13_c0631a05-12a1-4595-a58d-02ccfbda71c4.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)
CIK: 0001069258
Period of Report: 2010-09-10

Reporting Person: Jarvis Scot B (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-09-10 Restricted Stock Units $ A 1000 Acquired 2020-09-10 Common Stock (1000) Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.

F2: The restricted stock units vest in four equal installments beginning January 2, 2011. Vested shares will be delivered to the reporting person on the first date which is administratively practicable for the distribution of the vested shares after termination of service with the Issuer.