OAK IX AFFILIATES FUND A LP 4
4 · KRATOS DEFENSE & SECURITY SOLUTIONS, INC. · Filed May 20, 2016
Insider Transaction Report
Form 4
CARANO BANDEL L
Director
Transactions
- Award
Director Option (Right to Buy)
2016-05-19+3,390→ 71,487 totalExercise: $4.13From: 2016-05-19Exp: 2026-05-19→ Common Stock (3,390 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 May 19, 2016.
- [F2]The Director Options became fully exerciseable on the date of the grant.
- [F3]Not applicable
- [F4]Includes Director Option to purchase 158 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 3 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 3,229 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.