Form 4 for KTOS KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
Accepted 2022-07-22 00:00:00 ET · period of report 2022-07-20 · accession 0001082440-22-000014 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2022-07-22 | 2022-07-20 | KTOS | DEMARCO ERIC M | Pres, CEO, Dir | F - Tax | $14.28 | -17.7K | 633.0K | -3% | -$252.9K |
| DMI | 2022-07-22 | 2022-07-20 | KTOS | DEMARCO ERIC M | Pres, CEO, Dir | M - OptEx | $0.00 | +45.0K | 644.8K | +8% | $0 |
| DI | 2022-07-22 | 2022-07-21 | KTOS | DEMARCO ERIC M | Pres, CEO, Dir | S - Sale+OE | $14.37 | -10.0K | 623.0K | -2% | -$143.7K |
| DM | 2022-07-22 | 2022-07-20 | KTOS | DEMARCO ERIC M | Pres, CEO, Dir | M - OptEx | $0.00 | -45.0K | 15.0K | -75% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-07-20 | F | D | 5,902 | $14.28 | 614,772 | I by trust | — | — | (F5) Shares 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. |
| 2 | Common | Common Stock | 2022-07-20 | M | A | 15,000 | $0.00 | 620,674 | I by trust | — | — | (F2) RSUs were granted on January 3, 2014 that vested and then released July 20, 2022 after a 5-year deferral period. (F4) 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. |
| 3 | Common | Common Stock | 2022-07-20 | M | A | 30,000 | $0.00 | 644,772 | I by trust | — | — | (F3) RSUs were granted on January 4, 2017 that vested and then released July 20, 2022 after a 5-year deferral period. (F4) 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. |
| 4 | Common | Common Stock | 2022-07-20 | F | D | 11,805 | $14.28 | 632,967 | I by trust | — | — | (F5) Shares 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. |
| 5 | Common | Common Stock | 2022-07-21 | S | D | 10,000 | $14.37 | 622,967 | I by trust | — | — | (F6) This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person. (F7) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.15 to $14.57 inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4. |
| 6 | Derivative | Restricted Stock Units | 2022-07-20 | M | D | 30,000 | $0.00 | 150,000 | D | — · — to — | 30,000 Common Stock | (F1) Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Issuer's common stock. (F3) RSUs were granted on January 4, 2017 that vested and then released July 20, 2022 after a 5-year deferral period. |
| 7 | Derivative | Restricted Stock Units | 2022-07-20 | M | D | 15,000 | $0.00 | 15,000 | D | — · — to — | 15,000 Common Stock | (F1) Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Issuer's common stock. (F2) RSUs were granted on January 3, 2014 that vested and then released July 20, 2022 after a 5-year deferral period. |