Krone Roger A - Mar 21, 2022 Form 4 Insider Report for Leidos Holdings, Inc. (LDOS)

Role
CEO, Director
Signature
/s/ Ramune M. Kligys, Attorney-in-Fact
Stock symbol
LDOS
Transactions as of
Mar 21, 2022
Transactions value $
-$10,338,864
Form type
4
Date filed
3/23/2022, 05:19 PM
Previous filing
Mar 10, 2022
Next filing
Apr 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LDOS Common Stock Options Exercise $2.19M +69.4K +31.55% $31.55 289K Mar 21, 2022 Direct F1
transaction LDOS Common Stock Tax liability -$4.65M -44.1K -15.23% $105.48 245K Mar 21, 2022 Direct F1, F2
transaction LDOS Common Stock Sale -$1.21M -11.4K -4.66% $105.81 234K Mar 21, 2022 Direct F1, F3
transaction LDOS Common Stock Sale -$1.48M -13.9K -5.94% $106.63 220K Mar 21, 2022 Direct F1, F4
transaction LDOS Common Stock Options Exercise $2.19M +69.4K +31.55% $31.55 289K Mar 23, 2022 Direct F1
transaction LDOS Common Stock Tax liability -$4.68M -44K -15.19% $106.42 245K Mar 23, 2022 Direct F1, F2
transaction LDOS Common Stock Sale -$2.69M -25.3K -10.32% $106.16 220K Mar 23, 2022 Direct F1, F5
transaction LDOS Common Stock Sale -$10.7K -100 -0.05% $106.77 220K Mar 23, 2022 Direct F1
holding LDOS Common Stock 114K Mar 21, 2022 By Trust
holding LDOS Common Stock 235K Mar 21, 2022 By Key Executive Stock Deferral Plan

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 -69.4K -50% $0.00 69.4K Mar 21, 2022 Common Stock 69.4K $31.55 Direct F1, F6
transaction LDOS Stock Option (Right to Buy) Options Exercise $0 -69.4K -100% $0.00* 0 Mar 23, 2022 Common Stock 69.4K $31.55 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed pursuant to a trading plan entered into by the reporting person on February 18, 2022, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F2 Represents shares of common stock withheld by the issuer in connection with the option exercise to cover the exercise price and associated fees.
F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices from $105.28 to $106.26 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.
F4 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices from $106.28 to $107.04 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.
F5 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices from $105.70 to $106.64 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.
F6 This stock option was previously reported as a stock option grant for 102,565 shares of common stock at an exercise price of $42.69 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.