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KRATOS DEFENSE & SECURITY SOLUTIONS, INC. Director's Dealing 2015

Jun 15, 2015

30409_dirs_2015-06-15_7f47a2b8-3d5c-4361-ab41-81d11583823f.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: 2015-06-12

Reporting Person: Carrai Phillip D (President, TTS Division)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-06-12 Common Stock M 4500 Acquired 59671 Direct
2015-06-12 Common Stock F 1489 $6.26 Disposed 58182 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-06-12 Restricted Stock Units $ M 4500 Disposed Common Stock (4500) Direct

Footnotes

F1: Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Issuer's common stock.

F2: RSUs were granted and previously reported on a Form 4 filed January 5, 2015. Of these RSUs, 4,500 RSUs were released on June 12, 2015.

F3: Shares withheld for payment of minimum tax liability, in accordance with Issuer's trading policies, in connection with shares released as reported in this Form 4.

F4: Includes 6,921 shares purchased through Issuer's Employee Stock Purchase Plan and 11,499 shares held in the Issuer's 401(k) Plan.