SEC Form 4 · accession 0001509409-19-000002
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
Jan 17, 2019
Accepted (ET)
Jan 18, 2019 · 7:36 pm EST
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 | Jan 17, 2019 | M | 30,000 | $0.00 | A | 222,127 | D | |
| Common StockF3,F4 | Jan 17, 2019 | F | 10,296 | $13.87 | D | 211,831 | 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 | — | Jan 17, 2019 | M | 30,000 | D | — | — | Common Stock | 30,000 | 0 | 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 7, 2014; the underlying common stock was released for settlement on January 17, 2019.
- F3Shares 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.
- F4Includes 20,758 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 16,336 shares held in Issuer's 401(k) Plan.