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KRATOS DEFENSE & SECURITY SOLUTIONS, INC. — Director's Dealing 2016
Jan 5, 2016
30409_dirs_2016-01-05_f8ab9195-9d9c-49d1-bd19-a7945fe7b0e7.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: 2016-01-04
Reporting Person: Zegart Amy (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-01-04 | Restricted Stock Units | $ | A | 10000 | Acquired | Common Stock (10000) | Direct |
Footnotes
F1: 5,000 RSUs vest 100% on the five year anniversary of the date of grant, unless earlier vested or terminated pursuant to the terms of the RSU agreement. The other 5,000 RSUs vest 20% upon each 10% increase in the closing market price of the Issuer's common stock measured from the RSU grant date through the 10-year anniversary of the RSU grant date, unless earlier vested or terminated pursuant to the terms of the RSU agreement.
F2: Each RSU represents a contingent right to receive one share of Issuer's common stock.
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