SEC Form 4 · accession 0001509409-17-000006
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 27, 2017
Accepted (ET)
Jun 29, 2017 · 8:18 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,F5 | Jun 27, 2017 | M | 10,000 | $0.00 | A | 165,272 | D | |
| Common StockF4,F5 | Jun 27, 2017 | F | 3,310 | $10.82 | D | 161,962 | D | |
| Common StockF2,F5 | Jun 27, 2017 | M | 10,000 | $0.00 | A | 171,962 | D | |
| Common StockF4,F5 | Jun 27, 2017 | F | 3,310 | $11.16 | D | 168,652 | D | |
| Common StockF3,F5 | Jun 27, 2017 | M | 6,000 | $0.00 | A | 174,652 | D | |
| Common StockF4,F5 | Jun 27, 2017 | F | 1,986 | $11.21 | D | 172,666 | D | |
| Common Stock | holding | — | — | — | 23,394 | I | by trust |
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 27, 2017 | M | 10,000 | D | — | — | Common Stock | 10,000 | 70,000 | D |
| Restricted Stock UnitsF1,F2 | — | Jun 27, 2017 | M | 10,000 | D | — | — | Common Stock | 10,000 | 60,000 | D |
| Restricted Stock UnitsF1,F3 | — | Jun 27, 2017 | M | 6,000 | D | — | — | Common Stock | 6,000 | 36,000 | 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, 2017. Of these RSUs, two tranches of 10,000 shares each were released on June 27, 2017.
- F3RSUs were granted and previously reported on a Form 4 filed January 7, 2014. Of these RSUs, one tranche of 6,000 shares was released on June 27, 2017.
- F4Shares withheld in a net transaction to satisfy the minimum tax liability, in accordance with Issuer's trading policies, in connection with shares released as reported in this Form 4.
- F5Includes 17,074 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 15,263 shares held in Issuer's 401(k) Plan.