SEC Form 4 · accession 0001493152-18-008867
ID SYSTEMS INC · IDSY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Casey
Director
Period of report
Jun 15, 2018
Accepted (ET)
Jun 18, 2018 · 7:54 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 Stock, par value $0.01 per shareF1 | Jun 15, 2018 | A | 22,826 | $0.00 | A | 65,348 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On June 15, 2018, Michael J. Casey (the "Reporting Person") was granted 22,826 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of I.D. Systems, Inc. (the "Company") under the Company's 2018 Incentive Plan (the "Plan"), in consideration of his services as a director of the Company. Subject to the terms and conditions of a restricted stock award agreement and the Plan, this award vests as to 100% of such shares on June 15, 2019, provided that the Reporting Person is serving as a director of the Company on such date.