0001493152-18-008975.txt : 20180619 0001493152-18-008975.hdr.sgml : 20180619 20180619202454 ACCESSION NUMBER: 0001493152-18-008975 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180615 FILED AS OF DATE: 20180619 DATE AS OF CHANGE: 20180619 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Formant Christopher CENTRAL INDEX KEY: 0001533279 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-15087 FILM NUMBER: 18908439 MAIL ADDRESS: STREET 1: 801 KEY HIGHWAY STREET 2: APT T62 CITY: BALTIMORE STATE: MD ZIP: 21230 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 2018-06-15 0 0000049615 ID SYSTEMS INC IDSY 0001533279 Formant Christopher C/O I.D. SYSTEMS, INC. 123 TICE BOULEVARD WOODCLIFF LAKE NJ 07677 1 0 0 0 Common Stock, par value $0.01 per share 2018-06-15 4 A 0 21826 0 A 21826 D Stock options (right to buy) 6.41 2018-06-15 4 A 0 45000 0.00 A 2028-06-15 Common Stock, par value $0.01 per share 45000 45000 D On June 15, 2018 ("Grant Date"), Christopher Formant (the "Reporting Person") was granted 21,826 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of I.D. Systems, Inc. (the "Company") under the Company's 2018 Incentive Plan (the "Plan"), in consideration of his services as a director of the Company. Subject to the terms and conditions of a restricted stock award agreement and the Plan, this award vests as to 100% of such shares on June 15, 2019, provided that the Reporting Person is serving as a director of the Company on such date. On the Grant Date, the Reporting Person was granted options to purchase 45,000 shares of Common Stock under the Plan in consideration of his services as a director of the Company. Subject to the terms and conditions of a stock option agreement and the Plan, 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, provided that the Reporting Person is serving as a director of the Company on each such date. /s/ Ned Mavrommatis, as Attorney-In-Fact for Christopher Formant 2018-06-19