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KRATOS DEFENSE & SECURITY SOLUTIONS, INC. — Director's Dealing 2021
Jan 6, 2021
30409_dirs_2021-01-05_74a9e215-bb80-4abb-9885-bb8e9f192800.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)
CIK: 0001069258
Period of Report: 2021-01-03
Reporting Person: Lund Deanna H (EVP & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-01-03 | Common Stock | M | 30000 | — | Acquired | 226077 | Direct |
| 2021-01-03 | Common Stock | F | 10687 | $27.43 | Disposed | 215390 | Direct |
| 2021-01-03 | Common Stock | M | 15000 | — | Acquired | 230390 | Direct |
| 2021-01-03 | Common Stock | F | 6468 | $27.43 | Disposed | 223922 | Direct |
| 2021-01-04 | Common Stock | M | 50000 | — | Acquired | 273922 | Direct |
| 2021-01-04 | Common Stock | F | 24790 | $26.37 | Disposed | 249132 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-01-03 | Restricted Stock Units | $ | M | 30000 | Disposed | Common Stock (30000) | Direct | |
| 2021-01-03 | Restricted Stock Units | $ | M | 15000 | Disposed | Common Stock (15000) | Direct | |
| 2021-01-04 | Restricted Stock Units | $ | M | 50000 | Disposed | Common Stock (50000) | Direct | |
| 2021-01-04 | Restricted Stock Units | $ | A | 75000 | Acquired | Common Stock (75000) | 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 January 4, 2011, where 30,000 RSUs vest on January 3, 2021.
F3: RSUs were granted and previously reported on a Form 4 filed January 3, 2020, where 75,000 RSUs vest ratably on each of the first five anniversaries of the January 3, 2020 date of grant.
F4: RSUs were granted and previously reported on a Form 4 filed January 5, 2016, where 50,000 RSUs vest on January 4, 2021.
F5: RSUs vest ratably on each of the first five anniversaries of the date of grant, unless earlier vested or terminated pursuant to the terms of the RSU agreement.
F6: Shares withheld in a net transaction to satisfy the minimum tax liability, in accordance with Issuer's trading policies, in connection with shares vested as reported in this Form 4.
F7: Includes 16,626 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 16,848 shares held through Issuer's 401(k) Plan.