Brendan D. Malloy - 01 Jul 2021 Form 4 Insider Report for TELOS CORP (TLS)

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TLS	Common Stock	Sale	$663,746	-20,524	-9.7%	$32.34^*	190,674	01 Jul 2021	Direct	F1, F2
transaction	TLS	Common Stock	Sale	$117,414	-3,527	-1.8%	$33.29^*	187,147	01 Jul 2021	Direct	F1, F3
transaction	TLS	Common Stock	Sale	$1,995,734	-60,827	-15%	$32.81^*	339,173	01 Jul 2021	By LLC	F1, F4
transaction	TLS	Common Stock	Sale	$363,218	-10,914	-3.2%	$33.28^*	328,259	01 Jul 2021	By LLC	F1, F5
holding	TLS	Common Stock						17,319	01 Jul 2021	by 401(k) plan

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

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 $32.40 to $33.06, 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 $33.07 to $34.07, inclusive.
F4	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $32.28 to $33.06, inclusive.
F5	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $33.07 to $34.07, inclusive.