SEC Form 4 · accession 0001675014-17-000005
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
Aug 2, 2017
Accepted (ET)
Aug 4, 2017 · 8:09 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 2, 2017 | M | 2,500 | $0.00 | A | 28,671 | D | |
| Common StockF3,F4 | Aug 2, 2017 | F | 939 | $12.26 | D | 27,732 | 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 2, 2017 | M | 2,500 | D | — | — | Common Stock | 2,500 | 12,500 | 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, 2017. Of these RSUs, one tranche of 2,500 shares was released on August 2, 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 1,569 shares purchased through Issuer's Employee Stock Purchase Plan; approximately 1,604 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.