0001144204-15-052235.txt : 20150827 0001144204-15-052235.hdr.sgml : 20150827 20150827133726 ACCESSION NUMBER: 0001144204-15-052235 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150825 FILED AS OF DATE: 20150827 DATE AS OF CHANGE: 20150827 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: 151078223 MAIL ADDRESS: STREET 1: C/O ID SYSTEMS INC STREET 2: ONE UNIVERSITY PLAZA CITY: HACKENSACK STATE: NJ ZIP: 07601 4 1 v419232_4.xml OWNERSHIP DOCUMENT X0306 4 2015-08-25 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 2015-08-25 4 P 0 5100 3.90 A 644191 D This transaction was executed in multiple trades at prices ranging from $3.81to $3.90. The price reported above reflects the weighted average purchase price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number or shares and prices at which the transaction was effected. 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, (v) 16,500 shares of Common Stock held by the 401(k) account of the Reporting Person and (vi) 60,000 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. /s/ Kenneth S. Ehrman 2015-08-27