SEC Form 4 · accession 0001058854-18-000070

ID SYSTEMS INC · IDSY

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

Reporting owner

10% Owner

Period of report

Dec 27, 2018

Accepted (ET)

Dec 31, 2018 · 5:09 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000049615

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1,F2	Dec 27, 2018	P	11,700	$5.4042	A	2,264,911	I	By partnerships and corporations
Common Stock^F1,F2	Dec 28, 2018	P	10,030	$5.5021	A	2,274,941	I	By partnerships and corporations
Common Stock^F1,F2	Dec 31, 2018	P	9,722	$5.5596	A	2,284,663	I	By partnerships and corporations

No Table II lines on this filing.

F1As of December 31, 2018, Tonga Partners, LP, Cuttyhunk II Fund, Tristan Partners, LP, Tristan Offshore Fund, Ltd. and sundry separately managed accounts (collectively the "Cannell Investment Vehicles") owned in the aggregate 2,284,663 shares of the common stock of the common stock of I.D.Systems, Inc.
F2Cannell Capital LLC acts as the investment sub-adviser to the Cuttyhunk II Fund, the investment advisor to Tristan Offshore Funds, Ltd. and the sundry separately managed accounts, and serves as the general partner of and investment adviser to Tonga Partners, LP and Tristan Partners, LP. J. Carlo Cannell is the sole managing member of Cannell Capital LLC. As such, Mr. Cannell possesses sole power to vote and direct the disposition of all securities of I.D.Systems, Inc. held by the Cannell Investment Vehicles. Thus, for the purposes of Reg. Section 240.13d-3, as of December 31, 2018, Mr. Cannell beneficially owns 2,284,663 shares. Mr. Cannell's interest in the securities reported herein is limited to the extent of his pecuniary interest in each of the Cannell Investment Vehicles, if any.