0001493152-18-002666.txt : 20180227 0001493152-18-002666.hdr.sgml : 20180227 20180227164810 ACCESSION NUMBER: 0001493152-18-002666 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180224 FILED AS OF DATE: 20180227 DATE AS OF CHANGE: 20180227 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MAVROMMATIS NED CENTRAL INDEX KEY: 0001113291 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-15087 FILM NUMBER: 18645886 MAIL ADDRESS: STREET 1: C/O ID SYSTEMS INC STREET 2: ONE UNIVERSITY PLAZA CITY: HACKENSACK STATE: NJ ZIP: 07601 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 2018-02-24 0 0000049615 ID SYSTEMS INC IDSY 0001113291 MAVROMMATIS NED C/O I.D. SYSTEMS, INC. 123 TICE BOULEVARD WOODCLIFF LAKE NJ 07677 0 1 0 0 Chief Financial Officer Common Stock, par value $0.01 per share 2018-02-24 4 A 0 53981 0 A 214173 D On February 24, 2018 (the "Grant Date"), Ned Mavrommatis (the "Reporting Person") was granted 53,981 restricted shares of common stock, par value $0.01 per share, 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. 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) 12,500 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. By: /s/ Ned Mavrommatis 2018-02-27