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KRATOS DEFENSE & SECURITY SOLUTIONS, INC. Director's Dealing 2013

Jan 8, 2013

30409_dirs_2013-01-08_992e0d78-60cb-48a7-82be-f38acab8429d.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: 2013-01-04

Reporting Person: Selvaggio Richard B (President, USS Division)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-01-04	Stock Option (right to buy)	$4.98	A	15000	Acquired	2023-01-04	Common Stock (15000)	Direct
2013-01-04	Stock Option (right to buy)	$4.98	A	15000	Acquired	2023-01-04	Common Stock (15000)	Direct

Footnotes

F1: 15,000 stock options vest on the fifth anniversary of January 4, 2013.

F2: 15,000 stock options vest on the date on which the fair market value of the Issuer's common stock reaches $15.00 per share, provided that such vesting occurs on or before the six year anniversary of January 4, 2013.