SEC Form 4 · accession 0001592795-16-000014
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. · KTOS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Duckworth
Officer — VP & Corporate Controller
Period of report
Mar 28, 2016
Accepted (ET)
Mar 30, 2016 · 8:53 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,F4 | Mar 28, 2016 | M | 1,000 | $0.00 | A | 18,147 | D | |
| Common StockF3,F4 | Mar 28, 2016 | F | 437 | $4.47 | D | 17,710 | 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 | — | Mar 28, 2016 | M | 1,000 | D | — | — | Common Stock | 1,000 | 9,000 | 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, 1,000 were released on March 28, 2016.
- 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 4,689 shares held in Issuer's 401(k) Plan.