SEC Form 4 · accession 0001660112-16-000003
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. · KTOS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marie Mendoza
Officer — VP, General Counsel & Sec.
Period of report
Aug 10, 2016
Accepted (ET)
Aug 12, 2016 · 6:37 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 | Aug 10, 2016 | M | 2,000 | $0.00 | A | 9,277 | D | |
| Common StockF3,F4 | Aug 10, 2016 | F | 733 | $4.47 | D | 8,544 | D | |
| Common StockF2,F4 | Aug 10, 2016 | M | 2,000 | $0.00 | A | 10,544 | D | |
| Common StockF3,F4 | Aug 10, 2016 | F | 733 | $4.67 | D | 9,811 | D | |
| Common StockF2,F4 | Aug 10, 2016 | M | 2,000 | $0.00 | A | 11,811 | D | |
| Common StockF3,F4 | Aug 10, 2016 | F | 733 | $5.06 | D | 11,078 | 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 10, 2016 | M | 2,000 | D | — | — | Common Stock | 2,000 | 18,000 | D |
| Restricted Stock UnitsF1,F2 | — | Aug 10, 2016 | M | 2,000 | D | — | — | Common Stock | 2,000 | 16,000 | D |
| Restricted Stock UnitsF1,F2 | — | Aug 10, 2016 | M | 2,000 | D | — | — | Common Stock | 2,000 | 14,000 | 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, three tranches of 2,000 RSUs were released on August 10, 2016.
- 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 235 shares purchased through the Issuer's Employee Stock Purchase Plan and 7,042 shares held in Issuer's 401(k) Plan.