4//SEC Filing
ID SYSTEMS INC 4
Accession 0001493152-16-010833
CIK 0000049615operating
Filed
Jun 13, 8:00 PM ET
Accepted
Jun 14, 7:09 PM ET
Size
5.6 KB
Accession
0001493152-16-010833
Insider Transaction Report
Form 4
ID SYSTEMS INCIDSY
EHRMAN MICHAEL L
Executive VP- Engineering
Transactions
- Tax Payment
Common Stock, par value $0.01 per share
2016-06-11$5.04/sh−2,577$12,988→ 322,503 total
Footnotes (2)
- [F1]These shares of common stock, par value $0.01 per share ("Common Stock"), of I.D. Systems, Inc. (the "Company") were withheld by the Company to satisfy tax withholding obligations upon the vesting of a restricted stock award previously made to Michael L. Ehrman (the "Reporting Person"), as permitted under the Company's 2007 Equity Compensation Plan, as amended.
- [F2]This number also includes (i) 37,500 restricted shares of Common Stock which vest as to 33 1/3 % of such shares on each of September 8, 2016, September 8, 2017 and September 8, 2018, provided that the Reporting Person is employed by the Company on each such date, (ii) 22,500 restricted shares of Common Stock which vest as to 33 1/3% of such shares on each of June 11, 2017, June 11, 2018 and June 11, 2019, provided that the Reporting Person is employed by the Company on each such date, and (iii) 15,000 restricted shares of Common Stock which vest as to 25% of such shares on each of March 24, 2017, March 24, 2018, March 24, 2019 and March 24, 2020, provided that the Reporting Person is employed by the Company on each such date.
Documents
Issuer
ID SYSTEMS INC
CIK 0000049615
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000049615
Filing Metadata
- Form type
- 4
- Filed
- Jun 13, 8:00 PM ET
- Accepted
- Jun 14, 7:09 PM ET
- Size
- 5.6 KB