4//SEC Filing
Easley David S 4
Accession 0001567619-21-001816
CIK 0000320121other
Filed
Jan 31, 7:00 PM ET
Accepted
Feb 1, 2:24 PM ET
Size
10.4 KB
Accession
0001567619-21-001816
Insider Transaction Report
Form 4
TELOS CORPTLS
Easley David S
Controller, VP of Acc
Transactions
- Award
Common Stock
2021-01-28+16,176→ 448,693 total - Award
Performance-Based RSUs
2021-01-28+16,176→ 16,176 totalExp: 2023-12-31→ Common Stock (16,176 underlying) - Award
Common Stock
2021-01-28+50,000→ 498,693 total
Holdings
- 79,888(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]Reflects approximately 0.794 to 1 reverse stock split effective November 12, 2020.
- [F2]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) 30% will vest on January 21, 2022, (2) 30% will vest on January 20, 2023, and (3) 40% will vest on January 19, 2024.
- [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 in installments as follows: (1) 50% will vest on January 21, 2022, and (2) 50% will vest on January 20, 2023.
- [F4]Each performance-based RSU represents a contingent right to receive one share of Issuer common stock. The performance-based RSUs will vest and be settled in shares of Issuer common stock upon Issuer's common stock (a) trading at or above a market price of $42.50 per share as reported by the NASDAQ Global Market for 20 of 30 consecutive trading days before December 31, 2023, or (b) having a weighted average market price of $42.50 per share as reported by the NASDAQ Global Market over any 30 consecutive trading days before December 31, 2023.
Documents
Issuer
TELOS CORP
CIK 0000320121
Entity typeother
Related Parties
1- filerCIK 0001357716
Filing Metadata
- Form type
- 4
- Filed
- Jan 31, 7:00 PM ET
- Accepted
- Feb 1, 2:24 PM ET
- Size
- 10.4 KB