Surya N. Mohapatra - Aug 18, 2022 Form 4 Insider Report for Leidos Holdings, Inc. (LDOS)

Role
Director
Signature
/s/ Ramune M. Kligys, Attorney-in-Fact
Stock symbol
LDOS
Transactions as of
Aug 18, 2022
Transactions value $
-$320,263
Form type
4
Date filed
8/22/2022, 05:02 PM
Previous filing
May 12, 2022
Next filing
May 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LDOS Common Stock Options Exercise $206K +5.19K +29.65% $39.70 22.7K Aug 18, 2022 Direct
transaction LDOS Common Stock Tax liability -$206K -2.04K -8.97% $101.15 20.7K Aug 18, 2022 Direct F1
transaction LDOS Common Stock Sale -$320K -3.16K -15.26% $101.52 17.5K Aug 18, 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 -5.19K -100% $0.00* 0 Aug 18, 2022 Common Stock 5.19K $39.70 Direct
holding LDOS Stock Option (Right to Buy) 1.77K Aug 18, 2022 Common Stock 1.77K $104.06 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 from $101.45 to $101.615 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 Due to an administrative error, this stock option award was over-reported by 15 options on the reporting person's Form 4 filed with the SEC on May 10, 2022. The total number of stock options acquired after the reported transaction is accurately reflected in the table above.