Fredrick Schaufeld - 20 May 2024 Form 4 Insider Report for TELOS CORP (TLS)

Role
Director
Signature
/s/ Helen M. Oh, attorney-in-fact
Issuer symbol
TLS
Transactions as of
20 May 2024
Transactions value $
$1,083,466
Form type
4
Filing time
22 May 2024, 17:25:08 UTC
Previous filing
17 May 2024
Next filing
24 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLS Common Stock Purchase $31,232 +8,219 +2.1% $3.8 394,484 20 May 2024 By Fredrick D. Schaufeld Rev Trust F1
transaction TLS Common Stock Purchase $545,839 +138,538 +35% $3.94 533,022 21 May 2024 By Fredrick D. Schaufeld Rev Trust F2
transaction TLS Common Stock Award $0 +40,323 +44% $0 131,620 21 May 2024 Direct F3
transaction TLS Common Stock Options Exercise $104,400 +58,000 +44% $1.8 189,620 22 May 2024 Direct
transaction TLS Common Stock Purchase $401,994 +100,248 +19% $4.01 633,270 22 May 2024 By Fredrick D. Schaufeld Rev Trust F4
holding TLS Common Stock 181,498 20 May 2024 River Farm Investments, LLC
holding TLS Common Stock 250,000 20 May 2024 By FDS New River Farm 2017 Irrevocable Trust
holding TLS Common Stock 84,603 20 May 2024 By Haley E. Schaufeld Irr Trust
holding TLS Common Stock 84,602 20 May 2024 By Jacob A. Schaufeld Irr Trust
holding TLS Common Stock 84,602 20 May 2024 By Max R. Schaufeld Irr 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 TLS Common Stock Options Exercise $0 -58,000 -100% $0* 0 22 May 2024 Common Stock 58,000 $1.8 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 $3.75 to $3.80, 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 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $3.78 to $4.03, inclusive.
F3 These shares of common stock represent restricted share units granted pursuant to an award agreement between the reporting person and the Issuer and are subject to forfeiture. The restricted share units awarded will vest and be settled in shares of Issuer common stock on May 21, 2026.
F4 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $3.88 to $4.10, inclusive.