SEC Form 4 · accession 0001675014-17-000003

KRATOS DEFENSE & SECURITY SOLUTIONS, INC. · KTOS

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — VP & Corporate Controller

Period of report

Jun 8, 2017

Accepted (ET)

Jun 9, 2017 · 6:23 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
Common Stock^F2,F4	Jun 8, 2017	M	2,500	$0.00	A	21,178	D
Common Stock^F3,F4	Jun 8, 2017	F	1,078	$10.64	D	20,100	D
Common Stock^F2,F4	Jun 8, 2017	M	2,500	$0.00	A	22,600	D
Common Stock^F3,F4	Jun 8, 2017	F	969	$10.64	D	21,631	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F1,F2	—	Jun 8, 2017	M	2,500	D	—	—	Common Stock	2,500	22,500	D
Restricted Stock Units^F1,F2	—	Jun 8, 2017	M	2,500	D	—	—	Common Stock	2,500	20,000	D

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 2,500 each were released on June 8, 2017.
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 323 shares purchased through Issuer's Employee Stock Purchase Plan; approximately 1,476 shares held in Issuer's 401(k) Plan; and 10,000 RSUs that vest on May 12, 2021, subject to the terms of an RSU agreement, as reported on a Form 3 previously filed May 20, 2016.