SEC Form 4 · accession 0001544509-15-000038
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
Aug 10, 2015
Accepted (ET)
Aug 11, 2015 · 5:47 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 | Aug 10, 2015 | P | 21,280 | $4.3456 | A | 797,758 | I | See Footnote |
| Common Stock, $0.1 par valueF5,F6,F7,F8 | Aug 11, 2015 | P | 4,000 | $4.1844 | A | 801,758 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 10,640 Shares of Common Stock purchased directly by AB Value Partners, LP and 10,640 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 421,359 Shares of Common Stock owned directly by AB Value Partners, LP, 376,399 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 2,000 Shares of Common Stock purchased directly by AB Value Partners, LP and 2,000 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 423,359 Shares of Common Stock owned directly by AB Value Partners, LP, 378,399 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.