-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SSEOc+675/Mt4OQ/7EdmXu+8X89Ioma9xTauvtkZkrqkWmXM3kg3s8OIBODglZig Qm+9AglilMBs7VvNdUr+Ow== 0000909012-07-000406.txt : 20070214 0000909012-07-000406.hdr.sgml : 20070214 20070214165459 ACCESSION NUMBER: 0000909012-07-000406 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070214 DATE AS OF CHANGE: 20070214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TELECOMMUNICATION SYSTEMS INC /FA/ CENTRAL INDEX KEY: 0001111665 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 521526369 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-61015 FILM NUMBER: 07622029 BUSINESS ADDRESS: STREET 1: 275 WEST ST CITY: ANNAPOLIS STATE: MD ZIP: 21401 BUSINESS PHONE: 4102637616 MAIL ADDRESS: STREET 1: 275 WEST ST CITY: ANNAPOLIS STATE: MD ZIP: 21401 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: 033 ASSET MANAGEMENT LLC / CENTRAL INDEX KEY: 0001114831 IRS NUMBER: 043502120 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 125 HIGH ST STREET 2: SUITE 1405 CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 6173712015 MAIL ADDRESS: STREET 1: 125 HIGH ST STREET 2: SUITE 1405 CITY: BOSTON STATE: MA ZIP: 02110 SC 13D/A 1 t303213.txt AMENDMENT NO.6 TO SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13D (RULE 13D-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) (Amendment No. 6)(1) TELECOMMUNICATION SYSTEMS, INC. - -------------------------------------------------------------------------------- (Name of Issuer) CLASS A COMMON STOCK - -------------------------------------------------------------------------------- (TITLE OF CLASS OF SECURITIES) 87929J103 - -------------------------------------------------------------------------------- (CUSIP NUMBER) 033 ASSET MANAGEMENT, LLC 125 HIGH STREET, SUITE 1405 BOSTON, MASSACHUSETTS 02110 - -------------------------------------------------------------------------------- (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO RECEIVE NOTICE AND COMMUNICATIONS) - with copies to - MICHAEL G. TANNENBAUM, ESQ. TANNENBAUM HELPERN SYRACUSE & HIRSCHTRITT LLP 900 THIRD AVENUE - 13TH FLOOR NEW YORK, NEW YORK 10022 (212) 508-6700 DECEMBER 31, 2006 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. Note: Schedules filed in paper format shall include a signed original and five copies of the Schedule, including all exhibits. SEE Rule 13d-7(b) for other parties to whom copies are to be sent. - ---------- (1) The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, SEE the NOTES). Page 1 of 5 Pages CUSIP No. 87929J103 Page 2 of 5 Pages This Amendment No.6 amends the Schedule 13D filed by the Reporting Person on or about September 3, 2003, as amended by Amendments No.1, No. 2, No. 3, No.4 and No. 5 filed by the Reporting Person on or about February 13, 2004, October 6, 2004, October 7, 2004, February 4, 2005 and on or around February 14, 2006, respectively. The purpose of this Amendment is to reflect the acquisition of Shares. Only Item 5 reported herein is being amended. All other items remain unchanged. - -------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) 033 ASSET MANAGEMENT, LLC - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A GROUP* (a) (b) |X| INAPPLICABLE - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCES OF FUNDS WC - -------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE, USA - -------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER 2,124,688 SHARES ------------------------------------------------------------ BENEFICIALLY 8. SHARED VOTING POWER 0 OWNED BY ------------------------------------------------------------ EACH 9. SOLE DISPOSITIVE POWER 2,124,688 REPORTING ------------------------------------------------------------ PERSON WITH 10. SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,124,688 - -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES * - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 6.6% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON* IA - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 87929J103 Page 3 of 5 Pages ITEM 1 SECURITY AND ISSUER Title of Class of Securities Common stock $.001 par value per share (the "Shares") Name and Address of Issuer TeleCommunication Systems, Inc. 275 West Street Annapolis, MD ITEM 2 IDENTITY AND BACKGROUND (a) 033 Asset Management, LLC (the "Manager") (b) 125 High Street, Suite 1405 Boston, Massachusetts 02110 (c) The Manager serves as an investment manager to investment vehicles. ITEM 3 SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION The Manager is the investment manager of (i) 033 Growth Partners I, L.P., (ii) 033 Growth Partners II, L.P., (iii) Oyster Pond Partners, L.P. and (iv) 033 Growth International Fund, Ltd. (together, the "Funds"). ITEM 5 INTEREST IN SECURITIES OF THE ISSUER (a)-(b) The Manager may be deemed, for purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, to be the beneficial owner of the aggregate amount of 2,124,6888 Shares owned by the Funds representing approximately 6.6% of the Issuer's 32,026,254 Shares outstanding as of September 30, 2006 (as reported on the Issuer's Quarterly Report on Form 10-Q for the period ended September 30, 2006 filed on November 7, 2006). The Manager disclaims any economic interest or beneficial ownership of the shares covered by this Statement. CUSIP No. 87929J103 Page 4 of 5 Pages (c) Item 5(c) is hereby amended and restated as follows: Transaction Date Bought Sold Price per Share ($) ---------------- ------ ---- ------------------- See attached schedule (d) None. (e) Inapplicable. (f) Inapplicable. CUSIP No. 87929J103 Page 5 of 5 Pages SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. February 14, 2007 ------------------------- (Dated) /s/ Lawrence M. Longo ------------------------- (Signature) Chief Operating Officer ------------------------- (Title) Security TradeDate Side Amount AvgPrc TSYS 5/5/2006 12:00:00 PM Sell 44403 3.0137 TSYS 5/8/2006 12:00:00 PM Sell 9500 3.0303 TSYS 5/8/2006 12:00:00 PM Sell 25000 3.0191 TSYS 5/8/2006 12:00:00 PM Sell 25717 3.0037 TSYS 5/23/2006 12:00:00 PM Sell 32600 2.354 TSYS 5/24/2006 12:00:00 PM Sell 23558 2.38 TSYS 5/25/2006 12:00:00 PM Sell 62200 2.3303 TSYS 6/6/2006 12:00:00 PM Sell 6200 2.4985 TSYS 6/7/2006 12:00:00 PM Sell 100 2.45 TSYS 9/5/2006 12:00:00 PM Sell 25000 2.65 TSYS 9/12/2006 12:00:00 PM Sell 10000 2.7991 TSYS 9/12/2006 12:00:00 PM Sell 19720 2.7261 TSYS 9/12/2006 12:00:00 PM Sell 23500 2.7315 TSYS 9/12/2006 12:00:00 PM Sell 66619 2.7495 TSYS 9/12/2006 12:00:00 PM Sell 125000 2.7836 TSYS 9/12/2006 12:00:00 PM Sell 246586 2.8167 TSYS 10/18/2006 12:00:00 PM Sell 25000 3.0356 TSYS 10/18/2006 12:00:00 PM Sell 175000 3.0151 TSYS 11/1/2006 12:00:00 PM Buy 15000 2.9349 TSYS 11/1/2006 12:00:00 PM Buy 27909 2.9392 TSYS 11/2/2006 12:00:00 PM Buy 53435 2.8355 TSYS 11/2/2006 12:00:00 PM Buy 65040 2.8861 TSYS 11/6/2006 12:00:00 PM Sell 25000 3.0257 TSYS 11/7/2006 12:00:00 PM Sell 4400 2.9818 TSYS 11/13/2006 12:00:00 PM Sell 5034 3.0014 TSYS 11/14/2006 12:00:00 PM Sell 35275 3.0568 TSYS 11/15/2006 12:00:00 PM Sell 25000 3.1959 TSYS 11/15/2006 12:00:00 PM Sell 25000 3.25 TSYS 11/16/2006 12:00:00 PM Sell 25319 3.2968 TSYS 11/17/2006 12:00:00 PM Sell 3600 3.2975 TSYS 11/20/2006 12:00:00 PM Sell 23300 3.4908 TSYS 11/20/2006 12:00:00 PM Sell 50000 3.3482 TSYS 11/20/2006 12:00:00 PM Sell 50200 3.4578 TSYS 11/21/2006 12:00:00 PM Sell 41912 3.5564 TSYS 11/22/2006 12:00:00 PM Sell 37900 3.5813 TSYS 11/24/2006 12:00:00 PM Sell 25000 3.4491 TSYS 11/27/2006 12:00:00 PM Sell 25400 3.398 TSYS 11/28/2006 12:00:00 PM Sell 25000 3.2732 TSYS 11/29/2006 12:00:00 PM Sell 37600 3.4408 TSYS 11/29/2006 12:00:00 PM Sell 38487 3.4876 TSYS 11/30/2006 12:00:00 PM Sell 7000 3.51 TSYS 12/1/2006 12:00:00 PM Sell 5000 3.3568 TSYS 12/4/2006 12:00:00 PM Sell 10073 3.3724 TSYS 12/5/2006 12:00:00 PM Sell 5000 3.3298 1637587 -----END PRIVACY-ENHANCED MESSAGE-----