0000320121-24-000073.txt : 20240530
0000320121-24-000073.hdr.sgml : 20240530
20240530164358
ACCESSION NUMBER: 0000320121-24-000073
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: Wood John B
CENTRAL INDEX KEY: 0001356849
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08443
FILM NUMBER: 241006166
MAIL ADDRESS:
STREET 1: C/O TELOS CORPORATION
STREET 2: 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_1717101830.xml
FORM 4
X0508
4
2024-05-28
0
0000320121
TELOS CORP
TLS
0001356849
Wood John B
C/O TELOS CORPORATION
19886 ASHBURN ROAD
ASHBURN
VA
20147
1
1
0
0
Chairman and CEO
0
Common Stock
4868281
D
Common Stock
772485
I
By LLC
Common Stock
189906.88
I
By 401(k) plan
Performance-Based RSUs
2024-05-28
4
A
0
3635089
0
A
2026-12-31
Common Stock
3635089
3635089
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) 660,925 units if trading at or above $6.00 per share; (b) 660,925 units if trading at or above $8 per share; (c) 991,388 units if trading at or above $10 per share; and (d) 1,321,851 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 Footnote 1.
/s/ Helen M. Oh, attorney-in-fact
2024-05-30