David Borland - Sep 3, 2021 Form 4 Insider Report for TELOS CORP (TLS)

Role: Director
Signature: /s/ Helen M. Oh, attorney-in-fact
Stock symbol: TLS
Transactions as of: Sep 3, 2021
Transactions value $: $0
Form type: 4
Date filed: 9/3/2021, 04:47 PM
Next filing: May 19, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TLS	Common Stock	Gift	$0	-95.2K	-94.81%	$0.00	5.21K	Sep 3, 2021	Direct	F1
transaction	TLS	Common Stock	Gift	$0	+95.2K		$0.00	95.2K	Sep 3, 2021	By Trust	F1

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

Explanation of Responses:

Id	Content
F1	This transaction involved a gift of securities by the reporting person to a trust, and the reporting person is the trustee and sole beneficiary. The reporting person disclaims beneficial ownership of the shares held by the trust, and the filing of this report should not be deemed as an admission that the reporting person is the beneficial owner of the securities for the purpose of Section 16 or for any other purpose.

Content

This transaction involved a gift of securities by the reporting person to a trust, and the reporting person is the trustee and sole beneficiary. The reporting person disclaims beneficial ownership of the shares held by the trust, and the filing of this report should not be deemed as an admission that the reporting person is the beneficial owner of the securities for the purpose of Section 16 or for any other purpose.