Flaherty Michael P 4
4 · TELOS CORP · Filed May 2, 2006
Insider Transaction Report
Form 4
TELOS CORPTLSRP
Flaherty Michael P
EVP, Gen. Counsel, CAO
Transactions
- Award
Stock option (right to buy)
2001-05-23+100,000→ 100,000 totalExercise: $1.07From: 2001-05-23Exp: 2011-05-23→ Class A Common Stock (100,000 underlying) - Award
Stock option (right to buy)
2004-01-22+250,000→ 250,000 totalExercise: $0.62From: 2004-01-22Exp: 2014-01-22→ Class A Common Stock (250,000 underlying)
Footnotes (2)
- [F1]The option was exercisable in four annual installments. The first installment (20%) became exercisable on 5/23/01; the second installment (10%) became exercisable on 5/23/02; the third installment (20%) became exercisable on 5/23/03; the fourth installment (50%) became exercisable on 5/10/04.
- [F2]The option is exercisable in five equal annual installments. The first installment became exercisable on 1/22/04; the second installment became exercisable on 1/22/05; the third installment became exercisable on 1/22/ 06; the fourth installment will become exercisable on 1/22/07; the fifth installment will become exercisable on 1/22/08.