David G. Fubini - 25 Feb 2022 Form 4 Insider Report for Leidos Holdings, Inc. (LDOS)

Role
Director
Signature
Ramune M. Kligys, Attorney-in-Fact
Issuer symbol
LDOS
Transactions as of
25 Feb 2022
Net transactions value
-$677,408
Form type
4
Filing time
01 Mar 2022, 15:44:55 UTC
Previous filing
11 May 2021
Next filing
19 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LDOS Common Stock Options Exercise $332,767 +10,523 +44% $31.62 34,255 25 Feb 2022 Direct
transaction LDOS Common Stock Tax liability $332,748 -3,485 -10% $95.48 30,770 25 Feb 2022 Direct F1
transaction LDOS Common Stock Sale $677,427 -7,038 -23% $96.25 23,732 25 Feb 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LDOS Stock Option (Right to Buy) Options Exercise $0 -10,523 -100% $0.000000* 0 25 Feb 2022 Common Stock 10,523 $31.62 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock withheld by the issuer in connection with the option exercise to cover the exercise price and associated fees.
F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices from $96.10 to $96.395 inclusive. The reporting person undertakes to providing to Leidos Holdings, Inc., any security holder of Leidos Holdings, Inc., or the staff of the Securities Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the aforementioned range.
F3 This stock option was previously reported as a stock option grant for 7,777 shares of common stock at an exercise price of $42.79 per share. The number of options and the exercise price were subsequently adjusted to reflect a special dividend declared by the issuer in August 2016.