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