0000320121-24-000072.txt : 20240530
0000320121-24-000072.hdr.sgml : 20240530
20240530164303
ACCESSION NUMBER: 0000320121-24-000072
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240528
FILED AS OF DATE: 20240530
DATE AS OF CHANGE: 20240530
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Bendza Gary Mark
CENTRAL INDEX KEY: 0001872955
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08443
FILM NUMBER: 241006158
MAIL ADDRESS:
STREET 1: 19886 ASHBURN ROAD
CITY: ASHBURN
STATE: VA
ZIP: 20147
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TELOS CORP
CENTRAL INDEX KEY: 0000320121
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 520880974
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 19886 ASHBURN ROAD
CITY: ASHBURN
STATE: VA
ZIP: 20147
BUSINESS PHONE: 7034716000
MAIL ADDRESS:
STREET 1: 19886 ASHBURN ROAD
CITY: ASHBURN
STATE: VA
ZIP: 20147
FORMER COMPANY:
FORMER CONFORMED NAME: C3 INC
DATE OF NAME CHANGE: 19920703
4
1
wk-form4_1717101773.xml
FORM 4
X0508
4
2024-05-28
0
0000320121
TELOS CORP
TLS
0001872955
Bendza Gary Mark
C/O TELOS CORPORATION
19886 ASHBURN ROAD
ASHBURN
VA
20147
0
1
0
0
EVP, CFO
0
Common Stock
4905.03
I
By 401k plan
Common Stock
768489
D
Performance-Based RSUs
2024-05-28
4
A
0
1338489
0
A
2026-12-31
Common Stock
1338489
1338489
D
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) 243,362 units if trading at or above $6.00 per share; (b) 243,362 units if trading at or above $8 per share; (c) 365,042 units if trading at or above $10 per share; and (d) 486,723 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.
See Footnote1.
/s/ Helen M. Oh, attorney-in-fact
2024-05-30