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

Feb 1, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)
CIK: 0001069258
Period of Report: 2017-01-30

Reporting Person: Lund Deanna H (EVP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-30	Common Stock	M	20000	—	Acquired	183059	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-30	Restricted Stock Units	$	M	20000	Disposed		Common Stock (20000)	Direct

Footnotes

F1: Common Stock issued to reporting person pursuant to vested shares under Restricted Stock Unit (RSU) granted on January 30, 2007, which vest 100% on the tenth anniversary of the date of grant.

F2: Each RSU represents a contingent right to receive one share of Issuer's common stock.

F3: Includes 16,626 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 14,101 shares held in Issuer's 401(k) Plan.