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

Jan 8, 2013

30409_dirs_2013-01-08_3021dd15-8d78-4004-88d9-9982ea8ffbff.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: Carrai Phillip D (President, TTS 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 40000 Acquired 2023-01-04 Common Stock (40000) Direct
2013-01-04 Stock Option (right to buy) $4.98 A 40000 Acquired 2023-01-04 Common Stock (40000) Direct

Footnotes

F1: 40,000 stock options vest on the fifth anniversary of January 4, 2013.

F2: 40,000 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.