Richard P. Tracy - 30 Jun 2021 Form 4 Insider Report for TELOS CORP (TLS)

Role: VP, CSO
Signature: /s/ Helen M. Oh, attorney-in-fact
Issuer symbol: TLS
Transactions as of: 30 Jun 2021
Net transactions value: -$2,491,500
Form type: 4
Filing time: 02 Jul 2021, 16:06:41 UTC
Next filing: 27 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TLS	Common Stock	Sale	$2,491,500	-75,000	-25%	$33.22	223,910	30 Jun 2021	Direct	F1, F2
holding	TLS	Common Stock						33,577	30 Jun 2021	by 401(k) plan

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

Explanation of Responses:

Id	Content
F1	The shares were sold under a Rule 10b5-1 Plan.
F2	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $33.00 to $34.00, 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 sold at each separate price within the range set forth in this footnote.

Content

The shares were sold under a Rule 10b5-1 Plan.

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $33.00 to $34.00, 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 sold at each separate price within the range set forth in this footnote.