KRATOS DEFENSE & SECURITY SOLUTIONS, INC. 4
4 · KRATOS DEFENSE & SECURITY SOLUTIONS, INC. · Filed Jan 5, 2016
Insider Transaction Report
Form 4
Zegart Amy
Director
Transactions
- Award
Restricted Stock Units
2016-01-04+10,000→ 10,000 total→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]5,000 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. The other 5,000 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.
- [F2]Each RSU represents a contingent right to receive one share of Issuer's common stock.