Krone Roger A - Nov 15, 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
Nov 15, 2022
Transactions value $
-$4,966,382
Form type
4
Date filed
11/17/2022, 03:30 PM
Previous filing
Nov 15, 2022
Next filing
Nov 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LDOS Common Stock Options Exercise $2.39M +70.6K +32.19% $33.82 290K Nov 15, 2022 Direct F1
transaction LDOS Common Stock Tax liability -$4.77M -45.8K -15.79% $104.17 244K Nov 15, 2022 Direct F1, F2
transaction LDOS Common Stock Sale -$2.5M -24K -9.85% $104.17 220K Nov 15, 2022 Direct F1, F3
transaction LDOS Common Stock Sale -$83.9K -800 -0.36% $104.86 219K Nov 15, 2022 Direct F1
holding LDOS Common Stock 237K Nov 15, 2022 By Key Executive Stock Deferral Plan
holding LDOS Common Stock 114K Nov 15, 2022 By Trust

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 -70.6K -100% $0.00* 0 Nov 15, 2022 Common Stock 70.6K $33.82 Direct F1, F4
* 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 August 26, 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 $103.81 to $104.76 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 This stock option was previously reported as a stock option grant for 104,329 shares of common stock at an exercise price of $45.76 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.