Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Preferred Stock, par value $.01 per share^F1,F2	Apr 24, 2015	P	30	$11.25	A	122,246	D
Preferred Stock, par value $.01 per share^F1,F3	Apr 24, 2015	P	51	$11.25	A	191,260	I	See Footnote
Preferred Stock, par value $.01 per share^F1,F4	Apr 24, 2015	P	19	$11.25	A	92,801	I	See Footnote

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

F112% Cumulative Exchangeable Redeemable Preferred Stock, par value $.01 per share (the "Preferred Stock"), of Telos Corporation (TLSRP) ("Telos").
F2On April 24, 2015 Wynnefield Partners Small Cap Value, L.P. (the "Partnership") purchased 30 shares of Preferred Stock reported herein. As a consequence, the Partnership directly beneficially owns 122,246 shares of Preferred Stock. Wynnefield Capital Management, LLC ("WCM"), 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.
F3On April 24, 2015 Wynnefield Partners Small Cap Value, L.P. I ("Partnership-I") purchased 51 shares of Preferred Stock reported herein. As a consequence, Partnership-I directly beneficially owns 191,260 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.
F4On April 24, 2015 Wynnefield Small Cap Value Offshore Fund (the "Fund") purchased 19 shares of Preferred Stock reported herein. As a consequence, the Fund directly beneficially owns 92,801 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. ("WCI"), 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.