# EDGAR Filing Document

**Accession Number:** 0001082440
**File Stem:** 0001082440-23-000001
**Filing Date:** 2023-1
**Character Count:** 8109
**Document Hash:** 65d5fd6843e2fd6eebad02dd58a6cc44
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001082440-23-000001.hdr.sgml**: 20230105

**ACCESSION NUMBER**: 0001082440-23-000001

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230103

**FILED AS OF DATE**: 20230105

**DATE AS OF CHANGE**: 20230105

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** DEMARCO ERIC M
- **CENTRAL INDEX KEY:** 0001082440

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-34460
- **FILM NUMBER:** 23513518

**MAIL ADDRESS:**
- **STREET 1:** 10680 TREENA STREET, SUITE 600
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92131
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
- **CENTRAL INDEX KEY:** 0001069258
- **STANDARD INDUSTRIAL CLASSIFICATION:** GUIDED MISSILES & SPACE VEHICLES & PARTS [3760]
- **IRS NUMBER:** 133818604
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1225

**BUSINESS ADDRESS:**
- **STREET 1:** 10680 TREENA STREET
- **STREET 2:** SUITE 600
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92131
- **BUSINESS PHONE:** 858-812-7300

**MAIL ADDRESS:**
- **STREET 1:** 10680 TREENA STREET
- **STREET 2:** SUITE 600
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92131

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WIRELESS FACILITIES INC
- **DATE OF NAME CHANGE:** 19990817

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>DEMARCO ERIC M<br><sub>(Last) (First) (Middle)</sub><br>10680 TREENA STREET, SUITE 600<br><sub>(Street)</sub><br>SAN DIEGO, CA 92131<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-01-03 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_President & CEO_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>KRATOS DEFENSE & SECURITY SOLUTIONS, INC. [ KTOS ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2023-01-03 |  | M |  | 30000<sup>(3)</sup> | A | $0 | 652065<sup>(6)</sup> | I | by trust |
| Common Stock | 2023-01-03 |  | F |  | 12390<sup>(7)</sup> | D | $10.03 | 639675 | I | by trust |
| Common Stock | 2023-01-04 |  | M |  | 45000<sup>(4)</sup> | A | $0 | 684675<sup>(6)</sup> | I | by trust |
| Common Stock | 2023-01-04 |  | F |  | 17707<sup>(7)</sup> | D | $10.21 | 666968 | I | by trust |
| Common Stock | 2023-01-04 |  | M |  | 30000<sup>(5)</sup> | A | $0 | 696968<sup>(6)</sup> | I | by trust |
| Common Stock | 2023-01-04 |  | F |  | 11634<sup>(7)</sup> | D | $10.21 | 685334 | I | by trust |
| Common Stock |  |  |  |  |  |  |  | 58278<sup>(8)</sup> | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Restricted Stock Units | <sup>(1)</sup> | 2023-01-03 |  | A |  | 150000 |  | <sup>(2)</sup> | <sup>(2)</sup> | Common Stock | 150000 | $0 | 150000 | D |  |
| Restricted Stock Units | <sup>(1)</sup> | 2023-01-03 |  | M |  |  | 30000 | <sup>(3)</sup> | <sup>(3)</sup> | Common Stock | 30000 | $0 | 120000 | D |  |
| Restricted Stock Units | <sup>(1)</sup> | 2023-01-04 |  | M |  |  | 45000 | <sup>(4)</sup> | <sup>(4)</sup> | Common Stock | 45000 | $0 | 0 | D |  |
| Restricted Stock Units | <sup>(1)</sup> | 2023-01-04 |  | M |  |  | 30000 | <sup>(5)</sup> | <sup>(5)</sup> | Common Stock | 30000 | $0 | 90000 | D |  |

---

### Footnotes:

(1) Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Issuer's common stock.

(2) RSUs vest ratably on each of the first five anniversaries of the date of grant, unless earlier vested or terminated pursuant to the terms of the RSU agreement.

(3) RSUs were granted and previously reported on a Form 4 filed January 5, 2022, where 150,000 RSUs vest ratably on each of the first five anniversaries of the January 3, 2022 date of grant.

(4) RSUs were granted on January 4, 2008, vested on the 15th anniversary, and released on January 4, 2023.

(5) RSUs were granted and previously reported on a Form 4 filed January 5, 2021 where 150,000 RSUs vest ratably on each of the first five anniversaries of the January 4, 2021 date of grant.

(6) RSUs were granted to Reporting Person, and per Reporting Person's instructions, the common stock from such released RSUs were issued to Reporting Person's trust.

(7) Shares withheld in a net transaction to satisfy the minimum tax liability, in accordance with Issuer's trading policies, in connection with shares vested as reported in this Form 4.

(8) Includes 39,578 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 18,700 shares held through Issuer's 401(k) Plan.

**Signature:** Eric M. DeMarco, by Eva Yee, Attorney-In-Fact  
**Date:** 2023-01-05

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**