Jefferson V. Wright - Sep 7, 2021 Form 4 Insider Report for TELOS CORP (TLS)

Role
EVP, General Counsel
Signature
/s/ Helen M. Oh, attorney-in-fact
Stock symbol
TLS
Transactions as of
Sep 7, 2021
Transactions value $
-$852,500
Form type
4
Date filed
9/9/2021, 04:30 PM
Previous filing
Aug 23, 2021
Next filing
Sep 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLS Common Stock Sale -$477K -14K -8.99% $34.10* 142K Sep 7, 2021 Direct F1, F2
transaction TLS Common Stock Sale -$375K -11K -10% $34.10* 99K Sep 7, 2021 By Trust F1, F3
holding TLS Common Stock 260K Sep 7, 2021 By family trust
holding TLS Common Stock 8.17K Sep 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 $33.71 to $34.57 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 $33.71 to $34.57, inclusive.