SEC Form 4 · accession 0001469818-16-000007
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. · KTOS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonah Adelman
Officer — President, ME Division
Period of report
Aug 17, 2016
Accepted (ET)
Aug 19, 2016 · 7:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001069258
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Aug 17, 2016 | M | 3,000 | $0.00 | A | 57,200 | D | |
| Common StockF2,F3 | Aug 17, 2016 | M | 3,000 | $0.00 | A | 60,200 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Aug 17, 2016 | M | 3,000 | D | — | — | Common Stock | 3,000 | 18,000 | D |
| Restricted Stock UnitsF1,F2 | — | Aug 17, 2016 | M | 3,000 | D | — | — | Common Stock | 3,000 | 15,000 | D |
Explanation of responses
- F1Each restricted stock unit (RSU) represents a contingent right to receive one share of Issuer's common stock.
- F2RSUs were granted and previously reported on a Form 4 filed January 5, 2016. Of these RSUs, two tranches of 3,000 were released on August 17, 2016.
- F3Includes 5,200 RSUs granted on March 30, 2012 which vest 100% on January 3, 2017 and 30,000 RSUs granted on August 21, 2015 which vest 100% on August 21, 2020, as reported on the Form 3 filed August 24, 2015.