Jefferson Wright V. - 15 Jul 2021 Form 4 Insider Report for TELOS CORP (TLS)

Signature
/s/ Helen M. Oh, attorney-in-fact
Issuer symbol
TLS
Transactions as of
15 Jul 2021
Net transactions value
-$1,207,942
Form type
4
Filing time
16 Jul 2021, 16:04:55 UTC
Previous filing
09 Jul 2021
Next filing
21 Jul 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLS Common Stock Sale $500,934 -16,670 -7.6% $30.05* 204,090 15 Jul 2021 Direct F1, F2
transaction TLS Common Stock Sale $193,698 -6,330 -3.1% $30.60* 197,760 15 Jul 2021 Direct F1, F3
transaction TLS Common Stock Sale $383,536 -12,759 -8% $30.06* 147,241 15 Jul 2021 By Trust F1, F4
transaction TLS Common Stock Sale $129,775 -4,241 -2.9% $30.60* 143,000 15 Jul 2021 By Trust F1, F5
holding TLS Common Stock 260,000 15 Jul 2021 By family trust
holding TLS Common Stock 8,170 15 Jul 2021 by 401(k) plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person.
F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $29.41 to $30.40, 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 sold at each separate price within the range set forth in these footnotes.
F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $30.41 to $30.95, inclusive.
F4 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $29.41 to $30.40, inclusive.
F5 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $30.41 to $30.95, inclusive.