0001493152-18-002382.txt : 20180220 0001493152-18-002382.hdr.sgml : 20180220 20180220192631 ACCESSION NUMBER: 0001493152-18-002382 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180217 FILED AS OF DATE: 20180220 DATE AS OF CHANGE: 20180220 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: EHRMAN MICHAEL L CENTRAL INDEX KEY: 0001134242 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-15087 FILM NUMBER: 18626587 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 4 1 form4.xml X0306 4 2018-02-17 0 0000049615 ID SYSTEMS INC IDSY 0001134242 EHRMAN MICHAEL L C/O I.D. SYSTEMS, INC. 123 TICE BOULEVARD WOODCLIFF LAKE NJ 07677 0 1 0 0 Chief Technology Officer Common Stock, par value $0.01 per share 2018-02-17 4 F 0 2605 7.87 D 322619 D Common Stock, par value $0.01 per share 2018-02-17 4 F 0 1643 7.87 D 320976 D Common Stock, par value $0.01 per share 2018-02-20 4 M 0 16000 7.41 A 336976 D Common Stock, par value $0.01 per share 2018-02-20 4 F 0 15262 7.87 D 321714 D Employee Stock Options (Right to Buy) 7.41 2018-02-20 4 M 0 16000 0 D 2018-02-27 Common Stock 16000 0 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 Michael L. Ehrman (the "Reporting Person"), as permitted under the Company's 2015 Equity Compensation Plan. This number also includes (i) 12,500 restricted shares of Common Stock which vest as to 100% of such shares on September 8, 2018, provided that the Reporting Person is employed by the Company on such date, (ii) 15,000 restricted shares of Common Stock which vest as to 50% of such shares on each of June 11, 2018 and June 11, 2019, provided that the Reporting Person is employed by the Company on each such date, (iii) 11,250 restricted shares of Common Stock which vest as to 33 1/3% of such shares on each of March 24, 2018, March 24, 2019 and March 24, 2020, provided that the Reporting Person is employed by the Company on each such date, and (iv) 9,375 restricted shares of Common Stock which vest as to 33 1/3% of such shares on each of February 17, 2019, February 17, 2020 and February 17, 2021, provided that the Reporting Person is employed by the Company on each such date. These shares of Common Stock were withheld by the Company to satisfy tax withholding obligations upon the vesting of a restricted stock award previously made to the Reporting Person, as permitted under the Company's 2007 Equity Compensation Plan. These shares of Common Stock were withheld by the Company to pay the exercise price of the options exercised, as reported herein, and to satisfy tax withholding obligations. These options vested in five equal annual installments beginning on February 27, 2009. By: /s/ Michael L. Ehrman 2018-02-20