SC 13D 1 v181256_sc13d.htm Unassociated Document

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

 
SCHEDULE 13D
  Under the Securities Exchange Act of 1934
  (Amendment No. ______)*
 
 
KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
(Name of Issuer)


COMMON STOCK, $0.001 PAR VALUE PER SHARE
(Title of Class of Securities)


50077B207
(CUSIP Number)


Charles Tomas
862 Valley Farms Rd
Friday Harbor, WA 98250
(360) 378-3652
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)


March 12, 2010
(Date of Event which Requires Filing of this Statement)

 
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. _____
 
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 
 
 
 
 
                     
CUSIP No.
  
50077B207
  
 
           
1   NAMES OF REPORTING PERSONS:
   
  Charles Tomas
 
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
  (a)   o 
  (b)   o 
     
3   SEC USE ONLY:
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS):
   
  PF
     
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
  United States
       
  7   SOLE VOTING POWER:
     
NUMBER OF   941,000
       
SHARES 8   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   9,100
       
EACH 9   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   941,000
       
WITH 10   SHARED DISPOSITIVE POWER:
     
    9,100
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  950,100
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
   
  5.98%
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  IN

 
2
 
 
Item 1. Security and Issuer
 
This Schedule 13D ( the “Schedule 13D”) relates to the common stock, par value $0.001 per share (the “Common Stock”), of Kratos Defense & Security Solutions, Inc. (“Kratos” or the “issuer”).  The address of the principal executive office of Kratos is 4810 Eastgate Mall, San Diego, CA  92121.
 
Item 2. Identity and Background
 
 
(a)
Charles Tomas
 
 
(b)
862 Valley Farms Road, Friday Harbor, WA 98250
 
 
(c)
Private investor
 
 
(d)
The reporting person has not been convicted in a criminal proceeding.
 
 
(e)
The reporting person has not been party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
 
 
(f)
The reporting person is citizen of the United States.
 

   Item 3. Source and Amount of Funds or Other Consideration
 
The aggregate amount of funds used in making the purchases reported in Item 5(c) of this Schedule 13D was $11,619,782.20.  The source of funds was personal funds of the reporting person.
 
Item 4. Purpose of Transaction

The reporting person has acquired Common Stock for investment purposes and in order to acquire a controlling interest in the issuer.  The reporting person believes that the issuer should not be a publicly traded company due to the sensitive nature of its business from a national security point of view and has attempted on multiple occasions to engage with management of the issuer to discuss this concern, without success.  On April 14, 2010, the reporting person advised an employee of the issuer in an email message that he intends to make a tender offer for the Common Stock on or before May 10, 2010, and requested that the employee so advise the issuer’s President and Chief Executive Officer.
 
Item 5. Interest in Securities of the Issuer
 
 
(a)
The reporting person beneficially owns 950,100 shares of Common Stock, representing 5.98% of the outstanding Common Stock.
 
 
(b)
The reporting person has sole voting and dispositive power with respect to 941,000 shares of Common Stock.
 
The reporting person has shared voting and dispositive power with respect to 9,100 shares held in joint accounts with his children, Leslie Tomas, Tracy Tomas and Laura Tomas.
 
Leslie Tomas is a nurse and resides c/o Charles Tomas, 862 Valley Farms Rd., Friday Harbor, WA 98250, (360) 378-3652.
 
Tracy Tomas is self-employed and resides c/o Charles Tomas, 862 Valley Farms Rd., Friday Harbor, WA 98250, (360) 378-3652.
 
Laura Tomas is an aesthetician and resides c/o Charles Tomas, 862 Valley Farms Rd., Friday Harbor, WA 98250, (360) 378-3652.
 
None of Leslie Tomas, Tracy Tomas or Laura Tomas has been involved in a criminal or civil proceeding of a nature required to be identified in a response to Item 2(d) or Item 2(e) of Schedule 13D.  All are United States citizens.
 
 
3
 
 
 
(c)
The following table identifies all transactions in the Common Stock effected by the reporting person in the last sixty days.  All of these transactions were purchases in ordinary brokerage transactions.

Purchase  Date
Quantity
Price per Share
02/12/10
23,698
11.119
02/12/10
7,002
11.329
02/16/10
66,485
11.726
02/17/10
20,815
11.929
02/18/10
60,000
11.973
02/19/10
25,014
11.867
02/23/10
40,000
12.424
02/24/10
30,802
12.660
02/25/10
11,200
12.901
02/25/10
400
12.930
02/26/10
12,984
13.114
02/26/10
100
12.183
03/01/10
5,000
13.314
03/02/10
4,000
13.399
03/03/10
3,000
13.607
03/04/10
5,000
13.698
03/05/10
5,000
13.959
03/08/10
3,000
14.284
03/09/10
6,000
14.263
03/10/10
2,655
14.268
03/10/10
1,000
14.216
03/10/10
900
14.226
03/10/10
1,300
14.210
03/10/10
500
14.317
03/10/10
200
14.352
03/10/10
1,300
14.366
03/11/10
800
13.777
03/11/10
2,100
13.911
03/11/10
85,090
13.518
03/11/10
725
13.901
03/11/10
1,100
13.891
03/11/10
800
13.881
03/11/10
4,975
13.998
03/11/10
2,100
13.931
03/11/10
24,400
14.001
03/11/10
700
13.961
03/11/10
200
13.531
03/11/10
1,600
13.551
03/11/10
400
13.591
03/11/10
100
13.611
03/11/10
600
13.731
03/11/10
500
13.601
03/11/10
800
13.721
03/11/10
800
13.651
03/11/10
300
13.791
03/11/10
1,800
13.821
03/11/10
400
13.831
03/11/10
2,100
13.869
03/11/10
100
13.571
03/11/10
100
13.641
03/11/10
100
13.681
03/11/10
300
13.781
03/11/10
300
13.671
03/11/10
300
13.701
03/11/10
700
13.921
03/11/10
200
13.971

 
4
 
 
03/11/10
200
13.801
03/11/10
200
14.041
03/11/10
200
13.811
03/12/10
700
13.311
03/12/10
100
13.361
03/12/10
755
13.536
03/12/10
5,100
13.506
03/12/10
800
13.491
03/12/10
1,200
13.486
03/12/10
100
13.390
03/12/10
500
13.385
03/12/10
1,100
13.401
03/12/10
200
13.341
03/12/10
100
13.470
03/12/10
200
13.351
03/12/10
700
13.473
03/12/10
500
13.511
03/12/10
100
13.530
03/12/10
9
13.099
03/12/10
3,200
13.161
03/12/10
300
13.177
03/12/10
100
13.189
03/12/10
1,191
13.255
03/12/10
100
13.083
03/12/10
500
13.072
03/12/10
200
13.201
03/12/10
1,100
13.221
03/12/10
200
13.241
03/12/10
700
13.271
03/12/10
500
13.261
03/12/10
1,600
13.281
03/12/10
200
13.630
03/12/10
100
13.580
03/12/10
2,600
13.650
03/12/10
5,400
13.800
03/12/10
3,400
13.769
03/12/10
700
13.774
03/12/10
4,000
13.897
03/12/10
500
13.900
03/12/10
1,000
13.880
03/12/10
1,800
13.945
03/12/10
100
13.680
03/12/10
200
13.720
03/12/10
100
13.740
03/12/10
200
13.730
03/12/10
6,000
13.752
03/12/10
400
13.919
03/12/10
100
13.970
03/12/10
800
13.980
03/12/10
7,800
14.000
03/12/10
1,300
13.992
03/12/10
200
13.859
03/12/10
400
13.795
03/12/10
100
13.840
03/12/10
6,500
13.548
03/12/10
200
13.418
03/15/10
11,712
13.760
03/15/10
18
13.790
03/15/10
90,270
13.800
03/17/10
596
13.902
03/18/10
1,000
14.054
 
 
5
 
 
03/19/10
1,000
14.128
03/23/10
1,504
14.844
03/24/10
1,000
15.035
03/26/10
900
14.471
03/29/10
1,000
14.430
03/29/10
1,000
14.422
03/29/10
1,000
14.431
03/29/10
1,000
14.422
03/30/10
12,500,000
14.560
03/30/10
2,100
14.439
03/31/10
1,000
14.303
03/31/10
300
14.426
04/01/10
6,000
14.673
04/06/10
3,000
14.739
04/07/10
2,000
14.497
04/08/10
1,000
14.389
04/09/10
2,000
14.427
04/13/10
1,000
13.830
04/13/10
1,000
13.830
04/13/10
1,000
14.030
04/13/10
1,000
14.035
04/13/10
1,000
13.980
04/13/10
1,000
13.920
 
 
(d)
Not applicable.
 
 
(e)
Not applicable.
 
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
 
None

Item 7. Material to Be Filed as Exhibits
 
None

 
Signature
 
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
 
 
Date:
April 14,  2010                                       
 
 
Signature:
/s/  Charles Tomas                               
 
Name/Title:
Charles Tomas                                      
 
 
The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative (other than an executive officer or general partner of the filing person), evidence of the representative’s authority to sign on behalf of such person shall be filed with the statement: provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.

 
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