SEC Form 4 · accession 0001509409-15-000008
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. · KTOS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Phillip D Carrai
Officer — President, TTS Division
Period of report
Jun 12, 2015
Accepted (ET)
Jun 15, 2015 · 8:11 am 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,F4 | Jun 12, 2015 | M | 4,500 | $0.00 | A | 59,671 | D | |
| Common StockF3,F4 | Jun 12, 2015 | F | 1,489 | $6.26 | D | 58,182 | 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 | — | Jun 12, 2015 | M | 4,500 | D | — | — | Common Stock | 4,500 | 31,500 | 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, 2015. Of these RSUs, 4,500 RSUs were released on June 12, 2015.
- F3Shares withheld for payment of minimum tax liability, in accordance with Issuer's trading policies, in connection with shares released as reported in this Form 4.
- F4Includes 6,921 shares purchased through Issuer's Employee Stock Purchase Plan and 11,499 shares held in the Issuer's 401(k) Plan.