Uncompress the file and extract the files from the tar archive, run configure and compile the code:

tar -xvzf h16-1.4.10.tar.gz
cd h16-1.4.10
make install

If all is well, the compiled series 16 emulator will be the file "h16".

For more details see the README and INSTALL files in the distribution.

Using the series 16 emulator