TELECOMMUNICATION SYSTEMS INC /FA/ 4
4 · TELECOMMUNICATION SYSTEMS INC /FA/ · Filed Apr 2, 2015
Insider Transaction Report
Form 4
BRANDT THOMAS M JR
Sr. VP & CFO
Transactions
- Award
Option (Right to Buy)
2015-03-26$3.61/sh+138,357$499,469→ 1,343,632 totalExercise: $3.61Exp: 2025-03-26→ Class A Common Stock (138,357 underlying)
Footnotes (1)
- [F1]On March 26, 2015, the Compensation Committee of the Board of Directors granted the Reporting Person options to acquire the reported number of shares of Class A Common Stock. The options vest over four equal annual installments beginning one year after the date of the grant, subject only to continued service of the Reporting Person to the Issuer. As of the date hereof, none of these options is vested.