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