KRATOS DEFENSE & SECURITY SOLUTIONS, INC. — Director's Dealing 2014

Mar 18, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)
CIK: 0001069258
Period of Report: 2014-03-14

Reporting Person: DEMARCO ERIC M (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-14	Common Stock	P	6957	$7.19	Acquired	336083	Direct
2014-03-17	Common Stock	P	3043	$7.12	Acquired	339126	Direct

Footnotes

F1: Open market acquisition of Issuer's common stock purchased in accordance with Issuer's insider tradng policies.

F2: Includes 9,271 shares held in Issuer's 401(k) Plan and 15,567 shares purchased through Issuer's Employee Stock Purchase Plan.

F3: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.11 to $7.22 inclusive. The Reporting Person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote to this Form 4.

F4: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.04 to $7.18 inclusive. The Reporting Person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote to this Form 4.