SEC Form 4 · accession 0001675014-16-000002
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. · KTOS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
de Burgreen Maria Cervantes
Officer — VP & Corporate Controller
Period of report
Nov 8, 2016
Accepted (ET)
Nov 10, 2016 · 7:46 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 StockF1,F2 | Nov 8, 2016 | F | 733 | $6.98 | D | 21,024 | D | |
| Common StockF1,F2 | Nov 8, 2016 | F | 733 | $6.98 | D | 20,291 | D | |
| Common StockF1,F2 | Nov 8, 2016 | F | 733 | $6.97 | D | 19,558 | D | |
| Common StockF1,F2 | Nov 8, 2016 | F | 734 | $6.91 | D | 18,824 | D | |
| Common StockF1,F2 | Nov 8, 2016 | F | 751 | $6.53 | D | 18,073 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted stock units ("RSUs") representing contingent rights to receive common stock were previously reported in Table I on a Form 3 filed May 20, 2016 ("Form 3"). Of these RSUs, five tranches of 2,000 RSUs were released on November 8, 2016 and shares were withheld in net transactions to satisfy the minimum tax liability, in accordance with Issuer's trading policies, in connection with shares released.
- F2Includes 323 shares purchased through Issuer's Employee Stock Purchase Plan; 434 shares held in Issuer's 401(k) Plan; 1,000 RSUs that vest 100% on May 22, 2017, subject to the terms of the RSU agreement, as reported on the Form 3; and 10,000 RSUs that vest on May 12, 2021, subject to the terms of the RSU agreement, as reported on the Form 3.