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

Apr 1, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)
CIK: 0001069258
Period of Report: 2021-03-29

Reporting Person: DEMARCO ERIC M (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-29	Common Stock	M	20000	—	Acquired	401780	Indirect
2021-03-29	Common Stock	F	7870	$27.43	Disposed	393910	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-29	Restricted Stock Units	$	M	20000	Disposed		Common Stock (20000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	53872	Direct

Footnotes

F1: Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Issuer's common stock.

F2: RSUs granted on January 4, 2016 that vested and are released after a 5-year deferral period.

F3: RSUs were granted to Reporting Person, and per Reporting Person's instructions, the common stock from such released RSUs were issued to Reporting Person's trust.

F4: Shares withheld in a net transaction to satisfy the minimum tax liability, in accordance with Issuer's trading policies.

F5: Includes 37,246 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 16,626 shares held through Issuer's 401(k) Plan.