Form 4 for TLS TELOS CORP

Accepted 2021-12-23 00:00:00 ET · period of report 2021-12-23 · accession 0000320121-21-000069 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
M	2021-12-23	2021-12-23	TLS	Bendza Gary Mark	EVP, CFO	A - Grant	$0.00	+84.5K	142.3K	+146%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2021-12-23	A	A	17,900	$0.00	160,200	D	—	—	(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 July 19, 2022, (2) 30% will vest on July 19, 2023, and (3) 40% will vest on July 19, 2024.
2	Common	Common Stock	2021-12-23	A	A	9,800	$0.00	170,000	D	—	—	(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 is subject to continuous employment through January 1, 2022 and will fully vest on January 31, 2022.
3	Common	Common Stock	2021-12-23	A	A	56,800	$0.00	142,300	D	—	—	(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) 50% will vest on July 19, 2022, and (2) 50% will vest on July 19, 2023.