Home/Filings/4/0001209191-15-044997
4//SEC Filing

TELECOMMUNICATION SYSTEMS INC /FA/ 4

Accession 0001209191-15-044997

CIK 0001111665operating

Filed

May 19, 8:00 PM ET

Accepted

May 20, 5:57 PM ET

Size

19.2 KB

Accession

0001209191-15-044997

Insider Transaction Report

Form 4
Period: 2015-05-18
TOSE MAURICE B
DirectorChairman, President & CEO10% Owner
Transactions
  • Sale

    Class A Common Stock

    2015-05-18$3.25/sh31,233$101,417334,511 total
  • Exercise/Conversion

    Class A Common Stock

    2015-05-19$2.52/sh+266,855$672,475532,599 total
  • Exercise/Conversion

    Option (Right to Buy)

    2015-05-19$2.52/sh266,855$672,4752,012,435 total
    Exercise: $2.52From: 2008-06-09Exp: 2015-06-09Class A Common Stock (266,855 underlying)
  • Tax Payment

    Class A Common Stock

    2015-05-19$3.25/sh237,065$770,461295,534 total
  • Gift

    Class B Common Stock

    2015-05-1925,8424,418,210 total
    Class A Common Stock (25,842 underlying)
  • Sale

    Class A Common Stock

    2015-05-19$3.25/sh68,767$223,603265,744 total
  • Gift

    Class B Common Stock

    2015-05-19+25,842167,282 total(indirect: By Children)
    Class A Common Stock (25,842 underlying)
Holdings
  • Class B Common Stock

    (indirect: By Trust)
    Class A Common Stock (215,753 underlying)
    215,753
  • Class A Common Stock

    (indirect: By Spouse)
    229,995
Footnotes (4)
  • [F1]These shares are held by Mr. Tose's spouse. Mr. Tose disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Mr. Tose is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
  • [F2]The shares of Class B Common Stock are convertible, at any time, at the option of the holder, into shares of Class A Common Stock on a one-for-one basis.
  • [F3]These shares are held by Mr. Tose's children. Mr. Tose disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Mr. Tose is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.
  • [F4]These shares are held in an irrevocable trust for the benefit of Mr. Tose's children. Mr. Tose is the settlor and Mr. Tose's spouse is the trustee of the trust. Mr. Tose disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Mr. Tose is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.

Issuer

TELECOMMUNICATION SYSTEMS INC /FA/

CIK 0001111665

Entity typeoperating
IncorporatedMD

Related Parties

1
  • filerCIK 0001111665

Filing Metadata

Form type
4
Filed
May 19, 8:00 PM ET
Accepted
May 20, 5:57 PM ET
Size
19.2 KB