SEC Form 4 · accession 0001544509-15-000039
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 12, 2015
Accepted (ET)
Aug 13, 2015 · 4:43 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 12, 2015 | P | 5,150 | $4.1704 | A | 806,908 | I | See Footnote |
| Common Stock, $0.1 par valueF5,F6,F7,F8 | Aug 13, 2015 | P | 5,985 | $4.2008 | A | 812,893 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 2,575 Shares of Common Stock purchased directly by AB Value Partners, LP and 2,575 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 425,934 Shares of Common Stock owned directly by AB Value Partners, LP, 380,974 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 2,993 Shares of Common Stock purchased directly by AB Value Partners, LP and 2,992 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 428,927 Shares of Common Stock owned directly by AB Value Partners, LP, 383,966 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.