<SEC-DOCUMENT>0001144204-15-033253.txt : 20150522
<SEC-HEADER>0001144204-15-033253.hdr.sgml : 20150522
<ACCEPTANCE-DATETIME>20150522164951
ACCESSION NUMBER:		0001144204-15-033253
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20150521
FILED AS OF DATE:		20150522
DATE AS OF CHANGE:		20150522

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TELOS CORP
		CENTRAL INDEX KEY:			0000320121
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
		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

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			LANDES JOSHUA
		CENTRAL INDEX KEY:			0001251568
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08443
		FILM NUMBER:		15887216

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			OBUS NELSON
		CENTRAL INDEX KEY:			0001017043

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08443
		FILM NUMBER:		15887217

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WYNNEFIELD CAPITAL INC
		CENTRAL INDEX KEY:			0001251567
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08443
		FILM NUMBER:		15887218

	BUSINESS ADDRESS:	
		STREET 1:		450 SEVENTH AVE
		STREET 2:		STE 509
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10123
		BUSINESS PHONE:		2129600814

	MAIL ADDRESS:	
		STREET 1:		450 SEVENTH AVE
		STREET 2:		STE 509
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10123

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WYNNEFIELD CAPITAL MANAGEMENT LLC
		CENTRAL INDEX KEY:			0001056835

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08443
		FILM NUMBER:		15887219

	BUSINESS ADDRESS:	
		STREET 1:		450 SEVENTH AVE
		STREET 2:		STE 509
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10123
		BUSINESS PHONE:		2127600814

	MAIL ADDRESS:	
		STREET 1:		450 SEVENTH AVE
		STREET 2:		STE 509
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10123

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			CHANNEL PARTNERSHIP II L P
		CENTRAL INDEX KEY:			0001273617
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08443
		FILM NUMBER:		15887220

	BUSINESS ADDRESS:	
		STREET 1:		450 SEVENTH AVENUE SUITE 509
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10123
		BUSINESS PHONE:		2127600278

	MAIL ADDRESS:	
		STREET 1:		450 SEVENTH AVENUE SUITE 509
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10123

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND LTD
		CENTRAL INDEX KEY:			0001030806

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08443
		FILM NUMBER:		15887221

	BUSINESS ADDRESS:	
		STREET 1:		450 SEVENTH AVE
		STREET 2:		STE 509
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10123
		BUSINESS PHONE:		2127600814

	MAIL ADDRESS:	
		STREET 1:		450 SEVENTH AVE
		STREET 2:		STE 509
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10123

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WYNNEFIELD PARTNERS SMALL CAP VALUE LP
		CENTRAL INDEX KEY:			0000899083
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08443
		FILM NUMBER:		15887223

	BUSINESS ADDRESS:	
		STREET 1:		450 SEVENTH AVENUE
		STREET 2:		SUITE 509
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10123
		BUSINESS PHONE:		212-760-0814

	MAIL ADDRESS:	
		STREET 1:		450 SEVENTH AVENUE
		STREET 2:		SUITE 509
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10123

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WYNNEFIELD PARTNERS SMALL CAP VALUE LP I
		CENTRAL INDEX KEY:			0001251565
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08443
		FILM NUMBER:		15887222

	BUSINESS ADDRESS:	
		STREET 1:		450 SEVENTH AVENUE
		STREET 2:		SUITE 509
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10123
		BUSINESS PHONE:		212-760-0814

	MAIL ADDRESS:	
		STREET 1:		450 SEVENTH AVENUE
		STREET 2:		SUITE 509
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10123
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        <issuerName>TELOS CORP</issuerName>
        <issuerTradingSymbol>TLSRP</issuerTradingSymbol>
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            <rptOwnerStreet2>SUITE 509</rptOwnerStreet2>
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            <rptOwnerStreet2>SUITE 509</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
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    <reportingOwner>
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            <rptOwnerStreet2>SUITE 509</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10123</rptOwnerZipCode>
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    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001273617</rptOwnerCik>
            <rptOwnerName>CHANNEL PARTNERSHIP II L P</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>450 SEVENTH AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 509</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10123</rptOwnerZipCode>
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            <rptOwnerStreet1>450 SEVENTH AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 509</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10123</rptOwnerZipCode>
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        <reportingOwnerId>
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        <reportingOwnerAddress>
            <rptOwnerStreet1>450 SEVENTH AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 509</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10123</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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    <reportingOwner>
        <reportingOwnerId>
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            <rptOwnerName>OBUS NELSON</rptOwnerName>
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        <reportingOwnerAddress>
            <rptOwnerStreet1>450 SEVENTH AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 509</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10123</rptOwnerZipCode>
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    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001251568</rptOwnerCik>
            <rptOwnerName>LANDES JOSHUA</rptOwnerName>
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        <reportingOwnerAddress>
            <rptOwnerStreet1>450 SEVENTH AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 509</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
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    <nonDerivativeTable>
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            <securityTitle>
                <value>Preferred Stock, par value $.01 per share</value>
                <footnoteId id="F1"/>
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            <transactionDate>
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            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>61</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>11.25</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>122598</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F2"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Preferred Stock, par value $.01 per share</value>
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                <value>2015-05-21</value>
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            <transactionTimeliness></transactionTimeliness>
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                <transactionShares>
                    <value>101</value>
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                <transactionPricePerShare>
                    <value>11.25</value>
                </transactionPricePerShare>
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                    <value>A</value>
                </transactionAcquiredDisposedCode>
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                <sharesOwnedFollowingTransaction>
                    <value>191846</value>
                </sharesOwnedFollowingTransaction>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F3"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Preferred Stock, par value $.01 per share</value>
                <footnoteId id="F1"/>
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                <transactionFormType>4</transactionFormType>
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                    <value>A</value>
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            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>93021</value>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F4"/>
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    <footnotes>
        <footnote id="F1">12% Cumulative Exchangeable Redeemable Preferred Stock, par value $.01 per share (the &quot;Preferred Stock&quot;), of Telos Corporation (TLSRP) (&quot;Telos&quot;).</footnote>
        <footnote id="F2">On May 21, 2015 Wynnefield Partners Small Cap Value, L.P. (the &quot;Partnership&quot;) purchased 61 shares of Preferred Stock reported herein. As a consequence, the Partnership directly beneficially owns 122,598 shares of Preferred Stock. Wynnefield Capital Management, LLC (&quot;WCM&quot;), as the sole general partner of the Partnership, has an indirect beneficial ownership interest in the shares of Preferred Stock that the Partnership directly beneficially owns. Nelson Obus and Joshua Landes, as co-managing members of WCM, have an indirect beneficial ownership interest in the shares of Preferred Stock that the Partnership directly beneficially owns.</footnote>
        <footnote id="F3">On May 21, 2015 Wynnefield Partners Small Cap Value, L.P. I (&quot;Partnership-I&quot;) purchased 101 shares of Preferred Stock reported herein. As a consequence, Partnership-I directly beneficially owns 191,846 shares of Preferred Stock, to which the Partnership has an indirect beneficial ownership as members of a group under Section 13(d) of the Securities Exchange Act of 1934, as amended. Partnership-I, which maintains offices at the same address as the Reporting Person, is filing this statement jointly with the Reporting Person. WCM, as the sole general partner of Partnership-I has indirect beneficial ownership interest in the shares of Preferred Stock that Partnership-I directly beneficially owns. Mr. Obus and Mr. Landes, as co-managing members of WCM, have an indirect beneficial ownership interest in the shares of Preferred Stock that Partnership-I directly beneficially owns.</footnote>
        <footnote id="F4">On May 21, 2015 Wynnefield Small Cap Value Offshore Fund (the &quot;Fund&quot;) purchased 38 shares of Preferred Stock reported herein. As a consequence, the Fund directly beneficially owns 93,021 shares of Preferred Stock, to which the Partnership has an indirect beneficial ownership as members of a group under Section 13(d) of the Securities Exchange Act of 1934, as amended. The Fund, which maintains offices at the same address as the Reporting Person, is filing this statement jointly with the Reporting Person. Wynnefield Capital, Inc. (&quot;WCI&quot;), as the sole investment manager of the Fund, has an indirect beneficial ownership interest in the shares of Preferred Stock that the Fund directly beneficially owns. Mr. Obus and Mr. Landes, as principal executive officers of WCI, have an indirect beneficial ownership interest in the shares of Preferred Stock that the Fund directly beneficially owns.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P., By: Wynnefield Capital Management, LLC, General Partner; By: /s/Nelson Obus, Managing Member</signatureName>
        <signatureDate>2015-05-22</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P. I; By: Wynnefield Capital Management, LLC, General Partner; By: /s/Nelson Obus, Managing Member</signatureName>
        <signatureDate>2015-05-22</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND, LTD., By: Wynnefield Capital, Inc.; By: /s/Nelson Obus, President</signatureName>
        <signatureDate>2015-05-22</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>CHANNEL PARTNERSHIP II, L.P., By:/s/ Nelson Obus, General Partner</signatureName>
        <signatureDate>2015-05-22</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>WYNNEFIELD CAPITAL MANAGEMENT, LLC, /s/ Nelson Obus, Managing Member</signatureName>
        <signatureDate>2015-05-22</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>WYNNEFIELD CAPITAL, INC., /s/ Nelson Obus, President</signatureName>
        <signatureDate>2015-05-22</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Nelson Obus, Individually</signatureName>
        <signatureDate>2015-05-22</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Joshua Landes, Individually</signatureName>
        <signatureDate>2015-05-22</signatureDate>
    </ownerSignature>
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