KRONE ROGER A - 30 Nov 2022 Form 4 Insider Report for Leidos Holdings, Inc. (LDOS)

Role: CEO, Director
Signature: /s/ Ramune M. Kligys, Attorney-in-Fact
Issuer symbol: LDOS
Transactions as of: 30 Nov 2022
Net transactions value: -$2,777,834
Form type: 4
Filing time: 01 Dec 2022, 15:52:50 UTC
Previous filing: 23 Nov 2022
Next filing: 03 Jan 2023
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	$2,711,533	+50,645	+23%	$53.54	269,891	30 Nov 2022	Direct	F1
transaction	LDOS	Common Stock	Tax liability	$4,044,988	-37,281	-14%	$108.50	232,610	30 Nov 2022	Direct	F1, F2
transaction	LDOS	Common Stock	Sale	$1,390,104	-12,864	-5.5%	$108.06	219,746	30 Nov 2022	Direct	F1, F3
transaction	LDOS	Common Stock	Sale	$54,274	-500	-0.23%	$108.55	219,246	30 Nov 2022	Direct	F1, F4
holding	LDOS	Common Stock						236,556	30 Nov 2022	By Key Executive Stock Deferral Plan
holding	LDOS	Common Stock						110,907	30 Nov 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	-50,645	-100%	$0.000000^*	0	30 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 $107.50 to $108.44 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 $108.51 to $108.61 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.