SEC Form 4 · accession 0000904454-18-000045

ID SYSTEMS INC · IDSY

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Table I — non-derivative securities

Table II — derivative securities

Explanation of responses

• F1The securities reported herein are directly held by (i) Emancipation Capital Master, Ltd. ("Emancipation Master"), (ii) Emancipation Capital SPV IV LLC ("Emancipation SPV IV") and (iii) a certain account (the "Managed Account") managed by Emancipation Management LLC ("Emancipation Management"). Emancipation Management also serves as the investment manager of Emancipation Master and Emancipation SPV IV. Emancipation Capital LLC ("Emancipation Capital") is the managing member of Emancipation SPV IV. Mr. Charles Frumberg is the managing member of Emancipation Management and Emancipation Capital. By virtue of the foregoing relationships, each of the Reporting Persons may be deemed to indirectly beneficially own the securities directly held by Emancipation Master, Emancipation SPV IV and the Managed Account. Each Reporting Person disclaims beneficial ownership of such securities, except to the extent of its or his pecuniary interest therein.
• F2The sale of shares of Common Stock that is the subject of this report was made by the Managed Account to a third party. The remainder of the shares of Common Stock directly held by the Managed Account were also sold on 01/18/2018 at $6.90 per share, to Emancipation SPV IV. After these transactions, the Managed Account no longer holds any shares of Common Stock.