4//SEC Filing
ID SYSTEMS INC 4
Accession 0001493152-17-006522
CIK 0000049615operating
Filed
Jun 12, 8:00 PM ET
Accepted
Jun 13, 6:10 AM ET
Size
6.0 KB
Accession
0001493152-17-006522
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
2017-06-11$6.31/sh−2,727$17,207→ 331,131 total
Footnotes (3)
- [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 2015 Equity Compensation Plan.
- [F2]This number also includes (i) 25,000 restricted shares of Common Stock which vest as to 50% of such shares on each of September 8, 2017 and September 8, 2018, provided that the Reporting Person is employed by the Company on each such date, (ii) 15,000 restricted shares of Common Stock which vest as to 50% of such shares on each of June 11, 2018 and June 11, 2019, provided that the Reporting Person is employed by the Company on each such date, (iii) 11,250 restricted shares of Common Stock which vest as to 33 1/3% of such shares on each of March 24, 2018, March 24, 2019 and March 24, 2020, provided that the Reporting Person is employed by the Company on each such date, (iv) 12,500 restricted shares of Common Stock which vest as to 25% of such shares on each of February 17, 2018, February 17, 2019, February 17, 2020 and February 17, 2021, provided that the Reporting Person is employed by the Company on each such date, and
- [F3](v) 4,957 restricted shares of Common Stock which vest as to 100% of such shares on February 17, 2018, provided that the Reporting Person is employed by the Company on such date.
Documents
Issuer
ID SYSTEMS INC
CIK 0000049615
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000049615
Filing Metadata
- Form type
- 4
- Filed
- Jun 12, 8:00 PM ET
- Accepted
- Jun 13, 6:10 AM ET
- Size
- 6.0 KB