Kenneth F. Fagan Jr. - Jul 7, 2021 Form 4 Insider Report for TELOS CORP (TLS)

Role
VP, Secure Communications
Signature
/s/ Helen M. Oh, attorney-in-fact
Stock symbol
TLS
Transactions as of
Jul 7, 2021
Transactions value $
-$575,396
Form type
4
Date filed
7/9/2021, 04:09 PM
Next filing
Sep 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLS Common Stock Sale -$460K -14.5K -16.93% $31.86* 70.9K Jul 7, 2021 Direct F1, F2
transaction TLS Common Stock Sale -$115K -3.55K -5% $32.40* 67.4K Jul 7, 2021 Direct F1, F3
holding TLS Common Stock 2.71K 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 $31.24 to $32.23, 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 $32.24 to $32.62, inclusive.