0000921895-16-004016.txt : 20160406
0000921895-16-004016.hdr.sgml : 20160406
20160406185743
ACCESSION NUMBER: 0000921895-16-004016
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160404
FILED AS OF DATE: 20160406
DATE AS OF CHANGE: 20160406
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ID SYSTEMS INC
CENTRAL INDEX KEY: 0000049615
STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669]
IRS NUMBER: 223270799
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 123 TICE BOULEVARD
CITY: WOODCLIFF LAKE
STATE: NJ
ZIP: 07677
BUSINESS PHONE: 2019969000
MAIL ADDRESS:
STREET 1: 123 TICE BOULEVARD
CITY: WOODCLIFF LAKE
STATE: NJ
ZIP: 07677
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: EHRMAN MICHAEL L
CENTRAL INDEX KEY: 0001134242
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-15087
FILM NUMBER: 161558554
4
1
form410012005b_04062016.xml
OWNERSHIP DOCUMENT
X0306
4
2016-04-04
0
0000049615
ID SYSTEMS INC
IDSY
0001134242
EHRMAN MICHAEL L
C/O I.D. SYSTEMS, INC.
123 TICE BOULEVARD
WOODCLIFF LAKE
NJ
07677
0
1
0
0
Chief Technology Officer
Common Stock, par value $0.01 per share
2016-04-04
4
F
0
2002
4.65
D
325080
D
These shares of common stock, par value $0.01 per share ("Common Stock"), of I.D. Systems, Inc. (the "Company") were withheld by the Company to satisfy tax withholding obligations upon the vesting of a restricted stock award previously made to Michael L. Ehrman (the "Reporting Person"), as permitted under the Company's 2007 Equity Compensation Plan, as amended.
This number also includes (i) 37,500 restricted shares of Common Stock which vest as to 33 1/3 % of such shares on each of September 8, 2016, September 8, 2017 and September 8, 2018, provided that the Reporting Person is employed by the Company on each such date, (ii) 30,000 restricted shares of Common Stock which vest as to 25% of such shares on each of June 11, 2016, June 11, 2017, June 11, 2018 and June 11, 2019, provided that the Reporting Person is employed by the Company on each such date, and (iii) 15,000 restricted shares of Common Stock which vest as to 25% of such shares on each of March 24, 2017, March 24, 2018, March 24, 2019 and March 24, 2020, provided that the Reporting Person is employed by the Company on each such date.
By: /s/ Michael L. Ehrman
2016-04-06