0001144204-15-037299.txt : 20150615 0001144204-15-037299.hdr.sgml : 20150615 20150615192249 ACCESSION NUMBER: 0001144204-15-037299 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150327 FILED AS OF DATE: 20150615 DATE AS OF CHANGE: 20150615 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 KENNETH S CENTRAL INDEX KEY: 0001107329 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-15087 FILM NUMBER: 15932820 MAIL ADDRESS: STREET 1: C/O ID SYSTEMS INC STREET 2: ONE UNIVERSITY PLAZA CITY: HACKENSACK STATE: NJ ZIP: 07601 4 1 v413068_4.xml OWNERSHIP DOCUMENT X0306 4 2015-03-27 0 0000049615 ID SYSTEMS INC IDSY 0001107329 EHRMAN KENNETH S C/O I.D. SYSTEMS, INC. 123 TICE BOULEVARD WOODCLIFF LAKE NJ 07677 1 1 0 0 President & CEO Common Stock, par value $0.01 per share 2015-03-27 4 F 0 4182 6.27 D 581224 D Common Stock, par value $0.01 per share 2015-03-29 4 F 0 2133 6.27 D 579091 D Common Stock, par value $0.01 per share 2015-06-11 4 A 0 60000 0 A 639091 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 Kenneth S. Ehrman (the "Reporting Person"), as permitted under the Company's 2007 Equity Compensation Plan, as amended (the "Plan"). This number also includes (i) 12,500 restricted shares of Common Stock which vest on March 27, 2016, provided that the Reporting Person is employed by the Company on such date, (ii) 6,991 restricted shares of Common Stock which vest on April 4, 2016, provided that the Reporting Person is employed by the Company on such date, (iii) 50,000 restricted shares of Common Stock which vest as to 25% of such shares on each of September 8, 2015, September 8, 2016, September 8, 2017 and September 8, 2018, provided that the Reporting Person is employed by the Company on each such date, (iv) 49,000 shares of Common Stock held by the IRA account of the Reporting Person's spouse, and (v) 16,500 shares of Common Stock held by the 401(k) account of the Reporting Person. On June 11, 2015 (the "Grant Date"), the Reporting Person was granted 60,000 restricted shares of Common Stock under the Plan in consideration of his services as an officer of the Company. Subject to the terms and conditions of a restricted stock award agreement and the Plan, this award vests as to 25% of such shares on each of the first, second, third and fourth anniversaries of the Grant Date, provided that the Reporting Person is employed by the Company on each such date. /s/ Kenneth S. Ehrman 2015-06-15