Rinaldi D. Pisani - 30 Jun 2021 Form 4 Insider Report for TELOS CORP (TLS)

Signature
/s/ Helen M. Oh, attorney-in-fact
Issuer symbol
TLS
Transactions as of
30 Jun 2021
Net transactions value
-$6,450,323
Form type
4
Filing time
02 Jul 2021, 16:07:58 UTC
Next filing
24 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLS Common Stock Sale $1,535,027 -48,824 -16% $31.44* 257,298 30 Jun 2021 Direct F1, F2
transaction TLS Common Stock Sale $4,479,462 -138,255 -54% $32.40* 119,043 30 Jun 2021 Direct F1, F3
transaction TLS Common Stock Sale $434,645 -12,886 -11% $33.73* 106,157 30 Jun 2021 Direct F1, F4
transaction TLS Common Stock Sale $1,190 -35 -0.03% $34.00* 106,122 30 Jun 2021 Direct F1
holding TLS Common Stock 8,759 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 sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person.
F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $31.01 to $31.92, 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 these footnotes.
F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $32.00 to $32.99, inclusive.
F4 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 $33.95, inclusive.