SEC Form 4 · accession 0001209191-18-055290
ID SYSTEMS INC · IDSY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neil S Subin
10% Owner
Period of report
Oct 16, 2018
Accepted (ET)
Oct 17, 2018 · 2:31 pm EDT
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 StockF1,F2,F3 | Oct 16, 2018 | S | 8,949 | $6.2349 | D | 1,067,634 | I | By Milfam II L.P. |
| Common StockF1,F2,F3 | Oct 16, 2018 | S | 1,037 | $6.2349 | D | 123,673 | I | By Milfam I L.P. |
| Common StockF1,F2,F3 | Oct 16, 2018 | S | 3,228 | $6.2349 | D | 385,137 | I | By LIM III - Trust A-4 |
| Common StockF1,F2,F3 | Oct 16, 2018 | S | 3,228 | $6.2349 | D | 385,136 | I | By MBM - Trust A-4 |
| Common StockF1,F2,F3 | Oct 16, 2018 | S | 758 | $6.2349 | D | 90,423 | I | By Lloyd I. Miller, III Revocable Trust |
| Common StockF2,F3 | holding | — | — | — | 24,600 | I | By Milfam LLC | |
| Common StockF2,F3 | holding | — | — | — | 7,900 | I | By Co-Trustee GST Lloyd A. Crider | |
| Common StockF2,F3 | holding | — | — | — | 20,500 | I | By Trustee GST Catherine C. Miller | |
| Common StockF2,F3 | holding | — | — | — | 20,500 | I | By Trustee GST Kimberly S. Miller | |
| Common StockF2,F3 | holding | — | — | — | 20,500 | I | By Trustee GST Lloyd I. Miller | |
| Common StockF2,F3 | holding | — | — | — | 9,000 | I | By Lloyd Miller Dynasty Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price in Column 4 is a weighted average price. The prices actually paid ranged from $6.22 to $6.28 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range.
- F2Except for possessing voting and dispositive power, the reporting person disclaims any other beneficial ownership of, and specifically any pecuniary interest in, the securities reported herein. This filing is not, and shall not be deemed, an admission (and the reporting person expressly disclaims) that the reporting person is, for purposes of Rule 16a-1(a)(2) under Section 16 of the Securities Exchange Act of 1934, the beneficial owner of any equity securities covered by this filing.
- F3Mr. Neil Subin succeeded to the position of President and Manager of MILFAM LLC, which serves as manager, general partner, or investment advisor of a number of entities formerly managed or advised by the late Lloyd I. Miller, III. Mr. Subin also serves as trustee of a number of Miller family trusts.