Fausel Peter M 4
4 · ID SYSTEMS INC · Filed Mar 7, 2007
Insider Transaction Report
Form 4
ID SYSTEMS INCIDSY
Fausel Peter M
Ex. VP-Sales, Mkt., Cust. Supp
Transactions
- Award
Common Stock, par value $.01 per share
[F1]2007-03-05+20,000→ 20,000 total - Award
Stock options (right to buy)
[F2]2007-03-05+100,000→ 100,000 totalExercise: $13.85Exp: 2017-03-05→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]These shares vest in two equal annual installments beginning one year from the date of grant, provided Mr. Fausel remains an employee of I.D. Systems, Inc.
- [F2]These options vest in five equal annual installments beginning one year from the date of grant, provided Mr. Fausel remains an employee of I.D. Systems, Inc.
Signature
/s/ Peter M. Fausel|2007-03-06