Fredrick Schaufeld - 12 May 2023 Form 4 Insider Report for TELOS CORP (TLS)

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TLS	Common Stock	Purchase	$199,663	+84,603	$2.36	84,603	12 May 2023	By Haley E. Schaufeld Irr Trust	F1, F2
transaction	TLS	Common Stock	Purchase	$199,660	+84,602	$2.36	84,602	12 May 2023	By Jacob A. Schaufeld Irr Trust	F1, F3
transaction	TLS	Common Stock	Purchase	$199,660	+84,602	$2.36	84,602	12 May 2023	By Max R. Schaufeld Irr Trust	F1, F4
holding	TLS	Common Stock					255,449	12 May 2023	By Fredrick D. Schaufeld Rev. Trust
holding	TLS	Common Stock					250,000	12 May 2023	By FDS New River Farm 2017 Irrevocable Trust
holding	TLS	Common Stock					181,498	12 May 2023	River Farm Investments, LLC
holding	TLS	Common Stock					91,297	12 May 2023	Direct

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

Id	Content
F1	The price reported in Column 4 is a weighted average price. The shares were acquired in multiple transactions at prices ranging from $2.21 to $2.42, inclusive. The reporting person undertakes to provide Telos Corporation, any security holder of Telos Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each separate price within the range set forth in these footnotes.
F2	Held by Haley E. Schaufeld 2012 Irrevocable Trust, of which the reporting person is the Settlor.
F3	Held by Jacob A. Schaufeld 2012 Irrevocable Trust, of which the reporting person is the Settlor.
F4	Held by Max R. Schaufeld 2012 Irrevocable Trust, of which the reporting person is the Settlor.