KRATOS DEFENSE & SECURITY SOLUTIONS, INC. 4
4 · KRATOS DEFENSE & SECURITY SOLUTIONS, INC. · Filed Jul 23, 2013
Insider Transaction Report
Form 4
POIRIER RICHARD
Elec. Products Div. President
Transactions
- Disposition to Issuer
Restricted Stock Units
2013-07-19−12,000→ 0 total→ Common Stock (12,000 underlying) - Award
Common Stock
2013-07-19+12,000→ 47,393 total
Footnotes (4)
- [F1]The two reported transactions involve an amendment of oustanding Restricted Stock Units, resulting in the deemed cancellation of the unvested Restricted Stock Units and the grant of replacement Restricted Stock Units under the same terms and conditions. The Restricted Stock Units were originally granted on March 30, 2011 and vest in five equal annual installments commencing March 30, 2013.
- [F2]Includes 3,944 shares held in Issuer's 401(k) Plan and 7,449 shares purchased through Issuer's Employee Stock Purchase Plan.
- [F3]The reporting person was granted 20,000 Restricted Stock Units on March 30, 2011, which vest 20% annually beginning on March 30, 2012, unless earlier vested upon a change in control or forfeited pursuant to the terms fo the Restricted Stock Unit agreement.
- [F4]Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's common stock.