Gary Stephen May - Feb 21, 2024 Form 4 Insider Report for Leidos Holdings, Inc. (LDOS)

Role: Director
Signature: /s/ Ramune M. Kligys by PoA of Gary Stephen May
Stock symbol: LDOS
Transactions as of: Feb 21, 2024
Transactions value $: -$341,704
Form type: 4
Date filed: 2/22/2024, 04:59 PM
Previous filing: May 12, 2023
Next filing: May 7, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LDOS	Common Stock	Options Exercise	$252K	+4.79K	+42.18%	$52.70	16.1K	Feb 21, 2024	Direct
transaction	LDOS	Common Stock	Tax liability	-$252K	-2.04K	-12.66%	$123.50	14.1K	Feb 21, 2024	Direct	F1
transaction	LDOS	Common Stock	Sale	-$342K	-2.75K	-19.47%	$124.49	11.4K	Feb 21, 2024	Direct	F2

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	-4.79K	-100%	$0.00^*	0	Feb 21, 2024	Common Stock	4.79K	$52.70	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of common stock withheld by the issuer in connection with the option exercise to cover the exercise price and associated fees.
F2	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices from $124.40 to $124.56 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.

Content

Represents shares of common stock withheld by the issuer in connection with the option exercise to cover the exercise price and associated fees.

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices from $124.40 to $124.56 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.