Mark D. Griffin - 21 Mar 2022 Form 4 Insider Report for TELOS CORP (TLS)

Signature
/s/ Helen M. Oh, Attorney-in-Fact
Issuer symbol
TLS
Transactions as of
21 Mar 2022
Transactions value $
$0
Form type
4
Filing time
23 Mar 2022, 06:03:35 UTC
Previous filing
24 Jan 2022
Next filing
02 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLS Common Stock Award $0 +428K +79.09% $0.00 970K 21 Mar 2022 Direct F1
holding TLS Common Stock 5.85K 21 Mar 2022 By 401(k) plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 in installments as follows: (1) 209,077 units will vest on December 1, 2022 and (2) 219,151 units will vest on December 1, 2023.