KRATOS DEFENSE & SECURITY SOLUTIONS, INC. — Director's Dealing 2017

Jun 23, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)
CIK: 0001069258
Period of Report: 2017-06-21

Reporting Person: Fendley Steven S. (President, US Division)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-06-21	Common Stock	M	10000	—	Acquired	35000	Direct
2017-06-21	Common Stock	M	10000	—	Acquired	45000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-06-21	Restricted Stock Units	$	M	10000	Disposed		Common Stock (10000)	Direct
2017-06-21	Restricted Stock Units	$	M	10000	Disposed		Common Stock (10000)	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 April 12, 2017. Of these RSUs, two tranches of 10,000 shares each were released on June 21, 2017.