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
  1. 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.
  2. 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.
  3. 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.
  4. 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.