Christopher R. Cage - 12 Dec 2022 Form 4 Insider Report for Leidos Holdings, Inc. (LDOS)

Role: Chief Financial Officer
Signature: /s/ Ramune M. Kligys, Attorney-in-Fact
Issuer symbol: LDOS
Transactions as of: 12 Dec 2022
Net transactions value: -$311,011
Form type: 4
Filing time: 13 Dec 2022, 15:53:27 UTC
Previous filing: 04 Oct 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	$144,266	+4,266	+31%	$33.82	18,140	12 Dec 2022	Direct	F1
transaction	LDOS	Common Stock	Tax liability	$284,755	-2,665	-15%	$106.85	15,475	12 Dec 2022	Direct	F1, F2
transaction	LDOS	Common Stock	Sale	$170,523	-1,601	-10%	$106.51	13,874	12 Dec 2022	Direct	F1
holding	LDOS	Common Stock						22,788	12 Dec 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	-4,266	-100%	$0.000000^*	0	12 Dec 2022	Common Stock	4,266	$33.82	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 November 10, 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.