Edward L. Williams - Jul 7, 2021 Form 4 Insider Report for TELOS CORP (TLS)

Role: EVP, COO
Signature: /s/ Helen M. Oh, attorney-in-fact
Stock symbol: TLS
Transactions as of: Jul 7, 2021
Transactions value $: -$788,250
Form type: 4
Date filed: 7/9/2021, 04:01 PM
Previous filing: Jul 6, 2021
Next filing: Jul 21, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TLS	Common Stock	Sale	-$788K	-25K	-9.1%	$31.53	250K	Jul 7, 2021	Direct	F1, F2
holding	TLS	Common Stock						737K	Jul 7, 2021	By LLC
holding	TLS	Common Stock						57.9K	Jul 7, 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 $31.16 to $32.07, 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 sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person.

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $31.16 to $32.07, 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.