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KRATOS DEFENSE & SECURITY SOLUTIONS, INC. Director's Dealing 2016

Apr 15, 2016

30409_dirs_2016-04-15_f0acf6fd-a5b7-47b7-b6a1-e0edec5d0776.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: 2016-04-06

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-04-06 Common Stock M 8000 Acquired 89686 Direct
2016-04-06 Common Stock F 2576 $4.67 Disposed 87110 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-04-06 Restricted Stock Unit $ M 8000 Disposed Common Stock (8000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 23394 Indirect

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, 2016. Of these RSUs, 8,000 were released on April 6, 2016.

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 11,277 shares purchased through Issuer's Employee Stock Purchase Plan and 12,972 shares held in Issuer's 401(k) Plan.