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