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JAGID JEFFREY M 4

Accession 0001144204-10-006293

CIK 0000049615other

Filed

Feb 8, 7:00 PM ET

Accepted

Feb 9, 9:18 PM ET

Size

8.2 KB

Accession

0001144204-10-006293

Insider Transaction Report

Form 4
Period: 2010-02-05
JAGID JEFFREY M
DirectorChief Executive Officer
Transactions
  • Award

    Common Stock, par value $0.01 per share

    2010-02-05+39,474637,309 total
  • Award

    Employee Stock Options (right to buy)

    2010-02-05+80,35780,357 total
    Exercise: $2.84From: 2013-02-05Exp: 2019-02-05Common Stock (80,357 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) 213,000 shares of Common Stock issuable upon exercise of options exercisable within 60 days of February 5, 2010, (ii) 2,500 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) 31,780 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

1 file

Issuer

ID SYSTEMS INC

CIK 0000049615

Entity typeother

Related Parties

1
  • filerCIK 0001117037

Filing Metadata

Form type
4
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 9:18 PM ET
Size
8.2 KB