KRONE ROGER A - 23 Nov 2022 Form 4 Insider Report for Leidos Holdings, Inc. (LDOS)

Signature
/s/ Ramune M. Kligys, Attorney-in-Fact
Issuer symbol
LDOS
Transactions as of
23 Nov 2022
Net transactions value
-$2,726,104
Form type
4
Filing time
23 Nov 2022, 15:38:37 UTC
Previous filing
17 Nov 2022
Next filing
01 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LDOS Common Stock Gift $0 -3,484 -3% $0.000000 110,907 21 Nov 2022 By Trust
transaction LDOS Common Stock Options Exercise $2,711,533 +50,645 +23% $53.54 269,891 23 Nov 2022 Direct F1
transaction LDOS Common Stock Tax liability $4,020,023 -37,406 -14% $107.47 232,485 23 Nov 2022 Direct F1, F2
transaction LDOS Common Stock Sale $1,417,615 -13,239 -5.7% $107.08 219,246 23 Nov 2022 Direct F1, F3
holding LDOS Common Stock 236,556 23 Nov 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 -50,645 -50% $0.000000 50,645 23 Nov 2022 Common Stock 50,645 $53.54 Direct F1
* 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 $106.73 to $107.34 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.