TELECOMMUNICATION SYSTEMS INC /FA/ 4
4 · TELECOMMUNICATION SYSTEMS INC /FA/ · Filed Jun 1, 2015
Insider Transaction Report
Form 4
Bell Don Carlos III
Director
Transactions
- Award
Class A Common Stock
2015-05-28+17,148→ 17,148 total
Holdings
- 50,000(indirect: By Trust)
Class A Common Stock
- 50,000(indirect: By Trust)
Class A Common Stock
Footnotes (3)
- [F1]Reporting person is a member of the Issuer's Board of Directors. Non-cash compensation to members of the Issuer's Board of Directors includes Restricted Shares of Issuer's Class A Common Stock. Shares are restricted from transfer until vested. These Restricted Shares will vest as follows: 3,429 on May 29, 2015, 6,859 on November 28, 2015 and the balance on May 28, 2016.
- [F2]These shares are owned directly by the Amsler Young Priddy Irrevocable Trust, of which the Reporting Person's spouse is the beneficial owner. Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Reporting Person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.
- [F3]These shares are owned directly by The 2012 DCB Southwestern Irrevocable Trust, of which Reporting Person is the beneficial owner.