James Robert Moos - 03 Nov 2023 Form 4 Insider Report for Leidos Holdings, Inc. (LDOS)

Signature
/s/ Ramune M. Kligys by PoA of James Robert Moos
Issuer symbol
LDOS
Transactions as of
03 Nov 2023
Net transactions value
-$106,202
Form type
4
Filing time
06 Nov 2023, 16:31:24 UTC
Previous filing
03 Oct 2023
Next filing
03 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LDOS Common Stock Options Exercise $114,254 +2,134 +7.4% $53.54 31,082 03 Nov 2023 Direct F1
transaction LDOS Common Stock Tax liability $161,993 -1,570 -5.1% $103.18 29,512 03 Nov 2023 Direct F1, F2
transaction LDOS Common Stock Sale $58,464 -564 -1.9% $103.66 28,948 03 Nov 2023 Direct F1
holding LDOS Common Stock 12,919 03 Nov 2023 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 -2,134 -100% $0.000000* 0 03 Nov 2023 Common Stock 2,134 $53.54 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was executed pursuant to a trading plan entered into by the reporting person on August 3, 2023, 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.