Cooke Malcolm G. 4
4 · TELOS CORP · Filed May 30, 2024
Insider Transaction Report
Form 4
TELOS CORPTLS
Cooke Malcolm G.
VP, Chief Info Tech Officer
Transactions
- Award
Performance-Based RSUs
2024-05-28+52,113→ 52,113 totalExp: 2026-12-31→ Common Stock (52,113 underlying)
Holdings
- 6,018.87(indirect: By 401(k))
Common Stock
- 86,987.091
Common Stock
Footnotes (2)
- [F1]Each performance-based RSU presents a contingent right to receive one share of Issuer common stock. A specified number of performance-based RSUs will vest and be settled in shares of Issuer common stock upon Issuers common stock trading at or above a certain market price per share for 50 consecutive calendar days before December 31, 2026, as reported by the NASDAQ Global Market: (a) 9,475 units if trading at or above $6.00 per share; (b) 9,475 units if trading at or above $8 per share; (c) 14,213 units if trading at or above $10 per share; and (d) 18,950 units if trading at or above $12 per share. The reporting person may achieve one or more of these criteria. The Compensation Committee shall determine whether the performance criteria were met. The performance criteria are subject to equitable adjustment by the Compensation Committee in the event of the occurrence of extraordinary or unusual events, including without limitation acquisitions or dispositions.
- [F2]See Footnote 1.