JAGID JEFFREY M 4
4 · ID SYSTEMS INC · Filed Mar 2, 2010
Insider Transaction Report
Form 4
ID SYSTEMS INCIDSY
JAGID JEFFREY M
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock, par value $0.01 per share
2010-02-27$2.85/sh−909$2,591→ 636,400 total
Footnotes (2)
- [F1]Represents shares of common stock, par value $0.01 per share ("Common Stock"), of I.D. Systems, Inc. (the "Company") that were withheld by the Company pursuant to the terms of the I.D. Systems, Inc. 1999 Stock Option Plan, as amended and restated effective April 20, 2005, to satisfy tax withholding obligations incident to the vesting of restricted stock.
- [F2]This number includes (i) 213,000 shares of Common Stock issuable upon exercise of options exercisable within 60 days of February 27, 2010, (ii) 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 and (iii) 39,474 restricted shares of Common Stock which vest on February 5, 2013 provided that the Reporting Person is an employee of the Company on such date.