SEC Form 4 · accession 0001209191-16-101736
TELECOMMUNICATION SYSTEMS INC /FA/ · TSYS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas M Brandt Jr.
Officer — Sr. VP & CFO · Director
Period of report
Feb 23, 2016
Accepted (ET)
Feb 24, 2016 · 11:48 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001111665
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Feb 23, 2016 | U | 581,931 | $5.00 | D | 0 | D | |
| Class A Common StockF1 | Feb 23, 2016 | U | 51,370 | $5.00 | D | 0 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option | $2.39 | Feb 23, 2016 | D | 157,907 | D | Mar 8, 2009 | Mar 8, 2016 | Class A Common Stock | 157,907 | 828,153 | D |
| Stock Option | $3.69 | Feb 23, 2016 | D | 170,000 | D | Feb 6, 2010 | Feb 6, 2017 | Class A Common Stock | 170,000 | 658,153 | D |
| Stock Option | $3.09 | Feb 23, 2016 | D | 200,000 | D | Jan 28, 2011 | Jan 28, 2018 | Class A Common Stock | 200,000 | 458,153 | D |
| Stock Option | $4.35 | Feb 23, 2016 | D | 60,912 | D | Feb 9, 2014 | Feb 9, 2021 | Class A Common Stock | 60,912 | 397,241 | D |
| Stock Option | $2.84 | Feb 23, 2016 | D | 24,662 | D | Feb 9, 2015 | Feb 9, 2022 | Class A Common Stock | 24,662 | 372,579 | D |
| Stock Option | $2.37 | Feb 23, 2016 | D | 22,000 | D | Feb 8, 2016 | Feb 8, 2023 | Class A Common Stock | 22,000 | 350,579 | D |
| Stock Option | $2.21 | Feb 23, 2016 | D | 12,222 | D | Feb 23, 2016 | Feb 14, 2024 | Class A Common Stock | 12,222 | 338,357 | D |
| Stock Option | $3.61 | Feb 23, 2016 | D | 138,357 | D | Feb 23, 2016 | Mar 26, 2025 | Class A Common Stock | 138,357 | 200,000 | D |
| Stock Option | $7.95 | Feb 23, 2016 | D | 100,000 | D | Mar 2, 2012 | Mar 2, 2019 | Class A Common Stock | 100,000 | 100,000 | D |
| Stock Option | $8.17 | Feb 23, 2016 | D | 100,000 | D | Feb 8, 2013 | Feb 8, 2020 | Class A Common Stock | 100,000 | 0 | D |
Explanation of responses
- F1These 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.