4//SEC Filing
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. 4
Accession 0001422668-08-000002
$KTOSCIK 0001069258operating
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 7:33 PM ET
Size
8.5 KB
Accession
0001422668-08-000002
Insider Transaction Report
Form 4
Bates Howard W.
Other
Transactions
- Award
Common Stock
2007-12-31$2.74/sh+350,230$959,630→ 350,230 total - Award
Restricted Stock Units
2007-12-31+75,000→ 75,000 totalExp: 2017-12-31→ Common Stock (75,000 underlying)
Footnotes (3)
- [F1]On December 31, 2007, the Issuer acquired Haverstick Consulting, Inc., an Indiana corporation, of which the reporting person is President. Pursuant to the Agreement and Plan of Merger, the issuer issued to the reporting person 350,230 shares of common stock in exchange for shares of Haverstick Consulting, Inc. previously owned by the reporting person. The shares of issuer's common stock were valued at $2.74/share based upon a 20 day average trailing stock price of issuer's common stock prior to the execution of the definitive Agreement and Plan of Merger on November 2, 2007.
- [F2]Each restricted stock unit represents a contingent right to receive one share of issuer's common stock.
- [F3]The restricted stock units vest in four equal installments beginning December 31, 2008. 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 termination of service with the issuer.
Documents
Issuer
KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
CIK 0001069258
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001069258
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 7:33 PM ET
- Size
- 8.5 KB