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KRATOS DEFENSE & SECURITY SOLUTIONS, INC. — Director's Dealing 2022
Jan 6, 2022
30409_dirs_2022-01-05_895fd5a1-3827-4f1d-ad4b-29354cf11711.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: 2022-01-03
Reporting Person: Goodwin Benjamin M. (SVP, Corp. Dev. & Gov. Affairs)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-01-03 | Common Stock | M | 2500 | — | Acquired | 13268 | Direct |
| 2022-01-03 | Common Stock | F | 1024 | $19.65 | Disposed | 12244 | Direct |
| 2022-01-04 | Common Stock | M | 15000 | — | Acquired | 27244 | Direct |
| 2022-01-04 | Common Stock | F | 5475 | $19.98 | Disposed | 21769 | Direct |
| 2022-01-04 | Common Stock | M | 2500 | — | Acquired | 24269 | Direct |
| 2022-01-04 | Common Stock | F | 864 | $19.98 | Disposed | 23405 | Direct |
| 2022-01-04 | Common Stock | A | 8819 | — | Acquired | 32224 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-01-03 | Restricted Stock Units | $ | A | 12500 | Acquired | Common Stock (12500) | Direct | |
| 2022-01-03 | Restricted Stock Units | $ | M | 2500 | Disposed | Common Stock (2500) | Direct | |
| 2022-01-04 | Restricted Stock Units | $ | M | 15000 | Disposed | Common Stock (15000) | Direct | |
| 2022-01-04 | Restricted Stock Units | $ | M | 2500 | Disposed | Common Stock (2500) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 13105 | Indirect |
Footnotes
F1: Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Issuer's common stock.
F2: 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.
F3: RSUs were granted and previously reported on a Form 4 filed January 6, 2020, where 12,500 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, 2017 where 15,000 RSUs vest on January 4, 2022.
F5: RSUs were granted and previously reported on a Form 4 filed January 5, 2021 where 12,500 RSUs vest ratably on each of the first five anniversaries of the January 4, 2021 date of grant.
F6: Shares acquired pursuant to the settlement of a Performance Restricted Stock Unit award granted on January 4, 2019.
F7: 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.
F8: Includes 187 shares purchased through Issuer's Employee Stock Purchase Plan.