MILLER DARRYL 4
4 · ID SYSTEMS INC · Filed Mar 9, 2012
Insider Transaction Report
Form 4
ID SYSTEMS INCIDSY
MILLER DARRYL
Chief Operating Officer
Transactions
- Sale
Common Stock, par value $0.01 per share
2012-03-08$6.01/sh−20,000$120,200→ 29,950 total
Footnotes (1)
- [F1]This number represents (i) 21,930 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of I.D. Systems, Inc. (the "Company"), which vest on February 5, 2013, provided that Mr. Miller is employed by the Company on such date, and (ii) 8,020 restricted shares of Common Stock of the Company which vest on March 30, 2014, provided that Mr. Miller is employed by the Company on such date. Both of these restricted stock awards are subject to the terms and conditions of the Company's 2007 Equity Compensation Plan, as amended, and a restricted stock award agreement.