Filing Details
- Accession Number:
- 0001209191-15-044997
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-05-20 17:57:42
- Reporting Period:
- 2015-05-18
- Filing Date:
- 2015-05-20
- Accepted Time:
- 2015-05-20 17:57:42
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1111665 | Telecommunication Systems Inc | TSYS | Services-Prepackaged Software (7372) | 521526369 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1237090 | B Maurice Tose | C/O Telecommunication Systems, Inc. 275 West Street Annapolis MD 21401 | Chairman, President & Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Disposition | 2015-05-18 | 31,233 | $3.25 | 334,511 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2015-05-19 | 68,767 | $3.25 | 265,744 | No | 4 | S | Direct | |
Class A Common Stock | Acquisiton | 2015-05-19 | 266,855 | $2.52 | 532,599 | No | 4 | M | Direct | |
Class A Common Stock | Disposition | 2015-05-19 | 237,065 | $3.25 | 295,534 | No | 4 | F | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | M | Direct | |
No | 4 | F | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Common Stock | Option (Right to Buy) | Disposition | 2015-05-19 | 266,855 | $2.52 | 266,855 | $2.52 |
Class A Common Stock | Class B Common Stock | Disposition | 2015-05-19 | 25,842 | $0.00 | 25,842 | $0.00 |
Class A Common Stock | Class B Common Stock | Acquisiton | 2015-05-19 | 25,842 | $0.00 | 25,842 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
2,012,435 | 2008-06-09 | 2015-06-09 | No | 4 | M | Direct |
4,418,210 | No | 4 | G | Direct | ||
167,282 | No | 4 | G | Indirect |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class A Common Stock | 229,995 | Indirect | By spouse |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Class A Common Stock | Class B Common Stock | $0.00 | 215,753 | 215,753 | Indirect |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
215,753 | 215,753 | Indirect |
Footnotes
- 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.
- 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.
- 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.
- 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.