KRATOS DEFENSE & SECURITY SOLUTIONS, INC. — Director's Dealing 2020

Apr 22, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)
CIK: 0001069258
Period of Report: 2020-04-20

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-20	Common Stock	M	5000	—	Acquired	173889	Direct
2020-04-20	Common Stock	M	6250	—	Acquired	180139	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-04-20	Restricted Stock Units	$	M	5000	Disposed		Common Stock (5000)	Direct
2020-04-20	Restricted Stock Units	$	M	6250	Disposed		Common Stock (6250)	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, 5,000 shares of the underlying common stock were released for settlement on April 20, 2020.

F3: RSUs were granted and previously reported on a Form 4 filed April 12, 2017. Of these RSUs, 6,250 shares of the underlying common stock were released for settlement on April 20, 2020.