SEC Form 4 · accession 0001544509-15-000033
IMAGE SENSING SYSTEMS INC · ISNS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
AB Value Management LLC
10% Owner
Period of report
Jul 31, 2015
Accepted (ET)
Aug 3, 2015 · 4:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000943034
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.1 par valueF1,F2,F3,F4 | Jul 31, 2015 | P | 34,199 | $4.2479 | A | 743,871 | I | See Footnote |
| Common Stock, $0.1 par valueF5,F6,F7,F8 | Aug 3, 2015 | P | 4,899 | $4.3004 | A | 748,770 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 17,100 Shares of Common Stock purchased directly by AB Value Partners, LP and 17,099 Shares of Common Stock AB Value Management LLC had caused the Managed Account to directly purchase.
- F2The price reported in Column 4 is a weighted average price.
- F3Represents 394,415 Shares of Common Stock owned directly by AB Value Partners, LP, 349,456 Shares of Common Stock AB Value Management LLC had caused its Managed Account to directly own.
- F4This Form 4 is filed jointly by AB Value Management LLC, AB Value Management LLC's Managed Account, AB Value Partners, LP, and Andrew Berger ("Mr. Berger"). By virtue of their relationships with AB Value Partners, LP, each of AB Value Management LLC and Mr. Berger may be deemed to beneficially own the Shares owned by AB Value Partners, LP and the Managed Account.
- F5Represents 2,450 Shares of Common Stock purchased directly by AB Value Partners, LP and 2,499 Shares of Common Stock AB Value Management LLC had caused the Managed Account to directly purchase.
- F6The price reported in Column 4 is a weighted average price.
- F7Represents 396,865 Shares of Common Stock owned directly by AB Value Partners, LP, 351,905 Shares of Common Stock AB Value Management LLC had caused its Managed Account to directly own.
- F8This Form 4 is filed jointly by AB Value Management LLC, AB Value Management LLC's Managed Account, AB Value Partners, LP, and Andrew Berger ("Mr. Berger"). By virtue of their relationships with AB Value Partners, LP, each of AB Value Management LLC and Mr. Berger may be deemed to beneficially own the Shares owned by AB Value Partners, LP and the Managed Account.