0001493152-16-015776.txt : 20161208 0001493152-16-015776.hdr.sgml : 20161208 20161208174042 ACCESSION NUMBER: 0001493152-16-015776 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20161207 FILED AS OF DATE: 20161208 DATE AS OF CHANGE: 20161208 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: Wolfe Chris Adam CENTRAL INDEX KEY: 0001681268 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-15087 FILM NUMBER: 162042320 MAIL ADDRESS: STREET 1: C/O I.D. SYSTEMS, 123 TICE BOULEVARD CITY: WOODCLIFF LAKE STATE: NJ ZIP: 07677 4 1 form4.xml X0306 4 2016-12-07 0 0000049615 ID SYSTEMS INC IDSY 0001681268 Wolfe Chris Adam C/O I.D. SYSTEMS, INC. 123 TICE BOULEVARD WOODCLIFF LAKE NJ 07677 0 1 0 0 Chief Executive Officer Common Stock, par value $0.01 per share 2016-12-07 4 A 0 50000 0 A 104217 D Employee Stock Options (right to buy) 4.70 2016-12-07 4 A 0 100000 0 A 2026-12-07 Common Stock, par value $0.01 per share 100000 100000 D On December 7, 2016 (the "Grant Date"), Chris A. Wolfe (the "Reporting Person") was granted 50,000 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of I.D. Systems, Inc. (the "Company") under the Company's 2015 Equity Compensation Plan (the "2015 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 2015 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. On the Grant Date, the Reporting Person was granted options to purchase 100,000 shares of Common Stock in consideration of his services as an officer of the Company. These options vest in equal increments over a four-year period commencing on the Grant Date, such that 25% of the options will vest on the first, second, third and fourth anniversaries of the Grant Date, in each case, provided that the Reporting Person is employed by the Company on such date. The options were granted to the Reporting Person pursuant to and subject to the 2015 Plan. By: /s/ Chris A. Wolfe 2016-12-08