TELECOMMUNICATION SYSTEMS INC /FA/ 4
4 · TELECOMMUNICATION SYSTEMS INC /FA/ · Filed Feb 24, 2016
Insider Transaction Report
Form 4
LORELLO TIMOTHY JAMES
Sr. VP & CMO
Transactions
- Disposition to Issuer
Stock Option
2016-02-23$5.00/sh−20,417$102,085→ 398,532 totalExercise: $2.39From: 2009-03-08Exp: 2016-03-08→ Class A Common Stock (20,417 underlying) - Disposition to Issuer
Stock Option
2016-02-23$5.00/sh−63,000$315,000→ 335,532 totalExercise: $3.69From: 2010-02-06Exp: 2017-02-06→ Class A Common Stock (63,000 underlying) - Disposition to Issuer
Stock Option
2016-02-23$5.00/sh−100,000$500,000→ 235,532 totalExercise: $3.09From: 2011-01-28Exp: 2018-01-28→ Class A Common Stock (100,000 underlying) - Disposition to Issuer
Stock Option
2016-02-23$5.00/sh−30,746$153,730→ 204,786 totalExercise: $4.35From: 2014-02-09Exp: 2021-02-09→ Class A Common Stock (30,746 underlying) - Disposition to Issuer
Stock Option
2016-02-23$5.00/sh−6,250$31,250→ 174,786 totalExercise: $2.21From: 2016-02-23Exp: 2024-02-14→ Class A Common Stock (6,250 underlying) - Disposition to Issuer
Stock Option
2016-02-23−50,000→ 50,000 totalExercise: $7.95From: 2012-03-02Exp: 2019-03-02→ Class A Common Stock (50,000 underlying) - Disposition from Tender
Class A Common Stock
2016-02-23$5.00/sh−123,766$618,830→ 0 total - Disposition to Issuer
Class A Common Stock
2016-02-23$5.00/sh−236,849$1,184,245→ 0 total(indirect: By Trust) - Disposition to Issuer
Stock Option
2016-02-23$5.00/sh−12,500$62,500→ 192,286 totalExercise: $2.84From: 2015-02-09Exp: 2022-02-09→ Class A Common Stock (12,500 underlying) - Disposition to Issuer
Stock Option
2016-02-23−50,000→ 0 totalExercise: $8.17From: 2013-02-08Exp: 2020-02-08→ Class A Common Stock (50,000 underlying) - Disposition to Issuer
Stock Option
2016-02-23$5.00/sh−11,250$56,250→ 181,036 totalExercise: $2.37From: 2016-02-08Exp: 2023-02-08→ Class A Common Stock (11,250 underlying) - Disposition to Issuer
Stock Option
2016-02-23$5.00/sh−74,786$373,930→ 100,000 totalExercise: $3.61From: 2016-02-23Exp: 2025-03-26→ Class A Common Stock (74,786 underlying)
Footnotes (1)
- [F1]These shares were held in an irrevocable trust for the benefit of the Reporting Person's spouse and children. The Reporting Person is the settlor and the Reporting Person's spouse is the trustee of the trust. The Reporting Person disclaimed beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person was the beneficial owner of such securities for purposes of Section 16 or any other purpose.