John B. Wood - Mar 21, 2022 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
Mar 21, 2022
Transactions value $
$0
Form type
4
Date filed
3/23/2022, 06:03 AM
Previous filing
Jan 24, 2022
Next filing
May 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLS Common Stock Award $0 +1M +30.27% $0.00 4.32M Mar 21, 2022 Direct F1
holding TLS Common Stock 185K Mar 21, 2022 By 401(k) plan
holding TLS Common Stock 772K Mar 21, 2022 By LLC
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of common stock represent restricted share units granted pursuant to an award agreement between the reporting person and the Issuer and are subject to forfeiture. The restricted share units awarded will vest and be settled in shares of Issuer common stock in installments as follows: (1) 489,554 units will vest on December 1, 2022 and (2) 513,297 units will vest on December 1, 2023.