ID SYSTEMS INC 4
4 · ID SYSTEMS INC · Filed Sep 3, 2015
Insider Transaction Report
Form 4
ID SYSTEMS INCIDSY
Brakebill Kenneth Warren
Director
Transactions
- Award
Common Stock, par value $0.01 per share
2015-09-01+16,519→ 33,266 total
Footnotes (2)
- [F1]On September 1, 2015 (the "Grant Date"), Kenneth Brakebill (the "Reporting Person") was granted 16,519 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of I.D. Systems, Inc. (the "Company") under the Company's 2015 Non-Employee Director Equity Compensation Plan, as amended (the "Plan"), in consideration of his services as a director of the Company. Subject to the terms and conditions of a restricted stock award agreement and the Plan, this award vests as to 100% of such shares on the first anniversary of the Grant Date, provided that the Reporting Person is serving as a director of the Company on such date.
- [F2]This number also includes 14,247 restricted shares of Common Stock, 100% of which vest on September 8, 2015, provided that the Reporting Person is serving as a director of the Company on such date.