4//SEC Filing
Fausel Peter M 4
Accession 0001144204-10-006285
CIK 0000049615other
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 9:13 PM ET
Size
8.2 KB
Accession
0001144204-10-006285
Insider Transaction Report
Form 4
ID SYSTEMS INCIDSY
Fausel Peter M
Ex. VP-Sales, Mkt., Cust. Supp
Transactions
- Award
Common Stock, par value $0.01 per share
2010-02-05+21,930→ 132,327 total - Award
Employee Stock Options (right to buy)
2010-02-05+44,643→ 44,643 totalExercise: $2.84From: 2013-02-05Exp: 2019-02-05→ Common Stock (44,643 underlying)
Footnotes (4)
- [F1]Represents shares of common stock, par value $0.01 per share ("Common Stock"), of I.D. Systems, Inc. (the "Company") underlying a restricted stock award granted to the Reporting Person under the Company's 2007 Equity Compensation Plan, as amended (the "Plan"), on February 5, 2010, which award vests as to 100% of such shares on the third anniversary of the date of grant, subject to the terms and conditions of a restricted stock award agreement and the Plan.
- [F2]This number also includes (i) 66,400 shares of Common Stock issuable upon exercise of options exercisable within 60 days of February 5, 2010, (ii) 2,000 restricted shares of Common Stock which vest on February 27, 2010, provided that the Reporting Person is an employee of the Company on such date and (iii) 17,655 restricted shares of Common Stock which vest on June 29, 2012 provided that the Reporting Person is an employee of the Company on such date.
- [F3]These employee stock options were granted to the Reporting Person under the Plan.
- [F4]These employee stock options vest as to 100% of the shares on the third anniversary of the date of grant.
Documents
Issuer
ID SYSTEMS INC
CIK 0000049615
Entity typeother
Related Parties
1- filerCIK 0001392172
Filing Metadata
- Form type
- 4
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 9:13 PM ET
- Size
- 8.2 KB