4//SEC Filing
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. 4
Accession 0001584040-14-000003
$KTOSCIK 0001069258operating
Filed
Jan 6, 7:00 PM ET
Accepted
Jan 7, 5:14 PM ET
Size
10.2 KB
Accession
0001584040-14-000003
Insider Transaction Report
Form 4
Butera Deborah Sue
General Counsel & Secretary
Transactions
- Award
Restricted Stock Units
2014-01-03+30,000→ 30,000 total→ Common Stock (30,000 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Issuer's common stock.
- [F2]15,000 of the RSUs vest 100% on the five year anniversary of the date of grant, unless earlier vested or terminated pursuant to the terms of the RSU agreement. 15,000 of the RSUs vest 20% upon each 10% increase in the closing market price of the Issuer's common stock measured from the RSU grant date through the 10-year anniversary of the RSU grant date, unless earlier vested or terminated pursuant to the terms of the RSU agreement, provided that the first vesting shall not occur until the first anniversary of the RSU grant date, at which time that percentage of RSUs shall vest based on increases in the closing market price measured from the RSU grant date through the first anniversary.
Issuer
KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
CIK 0001069258
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001069258
Filing Metadata
- Form type
- 4
- Filed
- Jan 6, 7:00 PM ET
- Accepted
- Jan 7, 5:14 PM ET
- Size
- 10.2 KB