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Form 4 KRATOS DEFENSE & SECURIT For: Jan 01 Filed by: HOGLUND WILLIAM A

January 5, 2015 6:14 PM EST
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
HOGLUND WILLIAM A

(Last) (First) (Middle)
4820 EASTGATE MALL

(Street)
SAN DIEGO CA 92121

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. [ KTOS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/01/2015
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit (1) 01/01/2015   A   10,000     (2)   (2) Common Stock 10,000 $ 0 10,000 D  
Explanation of Responses:
1. Each RSU represents a contingent right to receive one share of Issuer's common stock.
2. 5,000 of the RSUs vest 100% on the five year anniversary of the grant date, 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.
William A. Hoglund, by Eva Yee, Attorney-In-Fact 01/05/2015
** Signature of Reporting Person Date
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.
POWER OF ATTORNEY
For Section 16(a) of the Securities Exchange Act of 1934, as 
amended, Filings

Know all by these presents that the undersigned hereby 
constitutes and appoints Eva Yee, the undersigned's true and 
lawful attorney-in-fact to:

1)	Do and perform all acts for and on behalf the undersigned 
which may be necessary or desirable to apply for and 
obtain and maintain EDGAR Access Codes to be used on 
behalf of the undersigned for Electronic Filing of all 
Section 16(a) of the Securities Exchange Act of 1934, as 
amended, (the "Exchange Act") filings;
2)	Execute for and on behalf of the undersigned, in the 
undersigned's capacity as a Section 16(a) Reporting 
Officer of Kratos Defense & Security Solutions, Inc. (the 
"Company"), Forms 3, 4, and 5 in accordance with Section 
16(a) of the Exchange Act and the rules thereunder;
3)	Do and perform any and all acts for and on behalf of the 
undersigned which may be necessary or desirable to 
complete the execution of any such Form 3, 4, or 5, 
complete and execute any amendment or amendments thereto, 
and timely file such form with the United States 
Securities and Exchange Commission and any other 
authority; and
4)	Take any other action of any type whatsoever in 
connection with the foregoing which, in the opinion of 
such attorney-in-fact, may be of benefit to, or in the 
best interest of, or legally required by, the 
undersigned, it being understood that the documents 
executed by such attorney-in-fact on behalf of the 
undersigned pursuant to this Power of Attorney shall be 
in such form and shall contain such terms and conditions 
as such attorney-in-fact may approve in such attorney-in-
fact's discretion.

	The undersigned hereby grants to such attorney-in-fact, 
full power and authority to do and perform all and every act and 
thing whatsoever requisite, necessary and proper to be done in 
the exercise of any of the rights and powers herein granted, as 
fully to all intents and purposes the undersigned might or could 
do if personally present, with full power of substitution or 
revocation, hereby ratifying and confirming all that such 
attorney-in-fact, or such attorney-in-fact's substitute or 
substitutes, shall lawfully do or cause to be done by virtue of 
this Power of Attorney and the rights and powers herein granted.  
The undersigned acknowledges that the foregoing attorney-in-fact, 
in serving in such capacity at the request of the undersigned, is 
not assuming, nor is the Company assuming, any of the 
undersigned's responsibilities to comply with Section 16 of the 
Exchange Act.

	This Power of Attorney shall remain in full force and 
effect until the undersigned is no longer required to file Forms 
3, 4, and 5 with respect to the undersigned's holdings of and 
transactions in securities issued by the Company, unless earlier 
revoked by the undersigned in a signed writing delivered to the 
foregoing attorney-in-fact.

	IN WITNESS WHEREOF, the undersigned has caused this Power of 
Attorney to be executed as of this 10th day of November, 2009.

				Signature: /s/ William A. Hoglund
				Name:  William A. Hoglund


State of California		)
County of San Diego             )

On 10 November 2009 before me, 
Sabrena Maristela, Notary Public, personally 
appeared 
      (name and title of the 
officer)
William Allen Hoglund, who proved 
to me on the basis of satisfactory evidence to be the person 
whose name is subscribed to the within instrument and 
acknowledged to me that he executed the same in 
his authorized capacity, and that by his 
signature on the instrument the person, or the entity upon 
behalf of which the person acted, executed the instrument.

I certify under PENALTY OF PERJURY under the laws of the State of 
California that the foregoing paragraph is true and correct.

WITNESS my hand and official seal.






/s/ Sabrena W. Maristela	Notary Public Seal
Signature of Notary Public	Graphic of Notary Public Seal
				Sabrena W. Maristela
				Commission # 1650891
				Notary PUblic - California
				San Diego County
				My Comm. Expires Mar 11, 2010



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