John B. Wood - May 11, 2023 Form 4 Insider Report for TELOS CORP (TLS)

Role: Chairman and CEO, Director
Signature: /s/ Helen M. Oh, attorney-in-fact
Stock symbol: TLS
Transactions as of: May 11, 2023
Transactions value $: $906,000
Form type: 4
Date filed: 5/12/2023, 04:42 PM
Previous filing: Jan 24, 2023
Next filing: Aug 30, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TLS	Common Stock	Purchase	$444K	+200K	+4.54%	$2.22	4.6M	May 11, 2023	Direct	F1
transaction	TLS	Common Stock	Purchase	$462K	+200K	+4.34%	$2.31	4.8M	May 12, 2023	Direct	F2
holding	TLS	Common Stock						188K	May 11, 2023	By 401(k) plan
holding	TLS	Common Stock						772K	May 11, 2023	By LLC

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. The shares were acquired in multiple transactions at prices ranging from $2.12 to $2.25, inclusive. The reporting person undertakes to provide Telos Corporation, any security holder of Telos Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each separate price within the range set forth in this footnote.
F2	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.20 to $2.45, inclusive.

Content

The price reported in Column 4 is a weighted average price. The shares were acquired in multiple transactions at prices ranging from $2.12 to $2.25, inclusive. The reporting person undertakes to provide Telos Corporation, any security holder of Telos Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each separate price within the range set forth in this footnote.

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.20 to $2.45, inclusive.