KRATOS DEFENSE & SECURITY SOLUTIONS, INC. 4
4 · KRATOS DEFENSE & SECURITY SOLUTIONS, INC. · Filed Jan 5, 2010
Insider Transaction Report
Form 4
LAKE EDWARD M
Corporate Vice President
Transactions
- Exercise/Conversion
Restricted Stock Units
2010-01-04−600→ 15,400 totalExercise: $0.00Exp: 2019-01-02→ Common Stock (600 underlying) - Exercise/Conversion
Common Stock
2010-01-04+600→ 5,688 total - Award
Restricted Stock Units
2010-01-02+9,000→ 16,000 totalExp: 2020-01-02→ Common Stock (9,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of issuer's common stock.
- [F2](a) The restricted stock units vest annually in five equal installments beginning January 2, 2011. (b) Vested shares will be delivered to the Reporting Person on the first date which is administratively practicable for the distribution of the vested shares after each vesting date.
- [F3]Common Stock issued to Reporting Person pursuant to settlement of vested shares under Restricted Stock Unit grant dated January 2, 2009, which vested on January 2, 2010, as to 20% of the total Restricted Stock Unit shares granted.