ERIC M. DEMARCO - 03 Jan 2025 Form 4 Insider Report for KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)

Role
President & CEO, Director
Signature
Eric M. DeMarco, by Eva Yee, Attorney-In-Fact
Issuer symbol
KTOS
Transactions as of
03 Jan 2025
Transactions value $
-$1,297,606
Form type
4
Filing time
07 Jan 2025, 19:53:08 UTC
Previous filing
03 Jan 2025
Next filing
03 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KTOS Common Stock Options Exercise $0 +30,000 +2.53% $0 1,215,202 03 Jan 2025 by trust F3, F8
transaction KTOS Common Stock Tax liability -$324,401 -11,805 -0.97% $27.48 1,203,397 03 Jan 2025 by trust F7, F8
transaction KTOS Common Stock Options Exercise $0 +30,000 +2.49% $0 1,233,397 03 Jan 2025 by trust F4, F8
transaction KTOS Common Stock Tax liability -$324,401 -11,805 -0.96% $27.48 1,221,592 03 Jan 2025 by trust F7, F8
transaction KTOS Common Stock Options Exercise $0 +30,000 +2.46% $0 1,251,592 04 Jan 2025 by trust F5, F8
transaction KTOS Common Stock Tax liability -$324,401 -11,805 -0.94% $27.48 1,239,787 04 Jan 2025 by trust F7, F8
transaction KTOS Common Stock Options Exercise $0 +30,000 +2.42% $0 1,269,787 04 Jan 2025 by trust F6, F8
transaction KTOS Common Stock Tax liability -$324,401 -11,805 -0.93% $27.48 1,257,982 04 Jan 2025 by trust F7, F8
holding KTOS Common Stock 61,862 03 Jan 2025 Direct F9

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KTOS Restricted Stock Units Award $0 +150,000 $0 150,000 03 Jan 2025 Common Stock 150,000 Direct F1, F2
transaction KTOS Restricted Stock Units Options Exercise $0 -30,000 -33.33% $0 60,000 03 Jan 2025 Common Stock 30,000 Direct F1, F3
transaction KTOS Restricted Stock Units Options Exercise $0 -30,000 -25% $0 90,000 03 Jan 2025 Common Stock 30,000 Direct F1, F4
transaction KTOS Restricted Stock Units Options Exercise $0 -30,000 -50% $0 30,000 04 Jan 2025 Common Stock 30,000 Direct F1, F5
transaction KTOS Restricted Stock Units Options Exercise $0 -30,000 -20% $0 120,000 04 Jan 2025 Common Stock 30,000 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit (RSU) represents a contingent right to receive one share of Issuer's common stock.
F2 RSUs vest ratably on each of the first five anniversaries of the date of grant, unless earlier vested or terminated pursuant to the terms of the RSU agreement.
F3 RSUs were granted and previously reported on a Form 4 filed January 5, 2022, where 150,000 RSUs vest ratably on each of the first five anniversaries of the January 3, 2022 date of grant.
F4 RSUs were granted and previously reported on a Form 4 filed January 5, 2023, where 150,000 RSUs vest ratably on each of the first five anniversaries of the January 3, 2023 date of grant.
F5 RSUs were granted and previously reported on a Form 4 filed January 5, 2021, where 150,000 RSUs vest ratably on each of the first five anniversaries of the January 4, 2021 date of grant.
F6 RSUs were granted and previously reported on a Form 4 filed January 4, 2024, where 150,000 RSUs vest ratably on each of the first five anniversaries of the January 4, 2024 date of grant.
F7 Shares withheld in a net transaction to satisfy the tax liability, in accordance with Issuer's trading policies, in connection with shares vested as reported in this Form 4.
F8 RSUs were granted to Reporting Person, and per Reporting Person's instructions, the common stock from such released RSUs were issued to Reporting Person's trust.
F9 Includes 42,910 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 18,952 shares held through Issuer's 401(k).