KRATOS DEFENSE & SECURITY SOLUTIONS, INC. — Director's Dealing 2021

May 28, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)
CIK: 0001069258
Period of Report: 2021-05-25

Reporting Person: Cervantes de Burgreen Maria (VP & Corporate Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-25	Common Stock	F	3458	$24.35	Disposed	31271	Direct
2021-05-27	Common Stock	S	12268	$25.1287	Disposed	19003	Direct

Footnotes

F1: Shares withheld in a net transaction to satisfy the minimum tax liability, in accordance with Issuer's trading policies, in connection with shares vested May 12, 2021 from restricted stock units granted in 2016 as reported on a Form 3 filed May 20, 2016 and released May 25, 2021.

F2: Open market sale of Issuer's common stock made in accordance with Issuer's trading policies.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.075 to $25.195 inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

F4: Includes 5,222 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 4,587 shares held through Issuer's 401(k) Plan.