Certain Restricted Stock Units of Kratos Defense & Security Solutions, Inc. are subject to a Lock-Up Agreement Ending on 23-MAY-2024.
May 22, 2024
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Certain Restricted Stock Units of Kratos Defense & Security Solutions, Inc. are subject to a Lock-Up Agreement Ending on 23-MAY-2024. These Restricted Stock Units will be under lockup for 91 days starting from 22-FEB-2024 to 23-MAY-2024.
Details:
Directors and executive officers have entered into lock-up agreements with the underwriters prior to the commencement of this offering pursuant to which each of these persons or entities, with limited exceptions, for a period of 90 days after the date of this prospectus, may not, without the prior written consent of Robert W. Baird & Co. Incorporated, offer, sell, assign, transfer, pledge, contract to sell, or otherwise dispose of, or publicly disclose the intention to make any offer, sale, pledge or disposition of, any shares of common stock or securities convertible into or exercisable or exchangeable for common stock
Kratos Defense & Security Solutions, Inc. is a technology, products, system and software company addressing the defense, national security, and commercial markets. It operates through two segments: The Kratos Government Solutions (KGS) and Unmanned Systems (US). The KGS segment includes its microwave electronic products, space, satellite and cyber, training solutions, Command, Control, Communication, Computing, Combat, Intelligence Surveillance and Reconnaissance (C5ISR)/modular systems, turbine technologies, and defense and rocket support services operating segments. The US segment consists of its unmanned aerial, unmanned ground, unmanned seaborne and related command, control and communications system businesses. The KGS and US segments provide products, solutions and services for mission critical National Security programs. It serves customers, such as U.S. Air Force, the U.S. Navy, the U.S. Army, the U.S. Marine Corps, the U.S. Space Force and the U.S. Space Command, and others.