OAK IX AFFILIATES FUND LP 4
4 · KRATOS DEFENSE & SECURITY SOLUTIONS, INC. · Filed Sep 11, 2014
Insider Transaction Report
Form 4
CARANO BANDEL L
Director
Transactions
- Award
Director Option (Right to Buy)
2014-09-10+2,302→ 54,774 totalExercise: $7.06From: 2014-09-10Exp: 2024-09-10→ Common Stock (2,302 underlying)
Footnotes (4)
- [F1]Represents options received in lieu of cash fees from Mr. Carano's service on the Issuer's Board of Directors as approved by the Board of Directors. The grant is effective September 10, 2014.
- [F2]The Director Options became fully exerciseable on the date of the grant.
- [F3]Not applicable
- [F4]Includes Director Option to purchase 108 shares of Common Stock, which is held by Mr. Carano on behalf of Oak Investment Partners X, Limited Partnership ("Oak X"); Director Option to purchase 2 shares of Common Stock, which is held by Mr. Carano on behalf of Oak X Affiliates Fund, Limited Partnership ("Oak X Affiliates"); and Director Option to purchase 2,192 shares of Common Stock, which is held by Mr. Carano on behalf of Oak Investment Partners XIII, Limited Partnership ("Oak XIII"). Mr. Carano is a Managing Member of Oak Associates X, L.L.C., the General Partner of Oak X, a Managing Member of Oak X Affiliates, L.L.C., the General Partner of Oak X Affiliates and a Managing Member of Oak Associates XIII, L.L.C., the General Partner of Oak XIII.