SEC Form 4 · accession 0001544509-18-000001
IMAGE SENSING SYSTEMS INC · ISNS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
AB Value Management LLC
Director · 10% Owner
Period of report
May 17, 2018
Accepted (ET)
May 21, 2018 · 5:04 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 | May 17, 2018 | P | 41,200 | $3.9134 | A | 869,593 | I | See Footnote |
| Common Stock, $0.1 par valueF5,F6,F7,F8 | May 18, 2018 | P | 9,800 | $4.00 | A | 879,393 | I | See Footnote |
| Common Stock, $0.1 par valueF9,F10,F11,F12 | May 21, 2018 | P | 3,200 | $3.9547 | A | 882,593 | I | See Footnote |
| Common Stock, $0.1 par value | holding | — | — | — | 96,961 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 20,600 Shares of Common Stock purchased directly by AB Value Partners, LP and 20,600 Shares of Common Stock AB Value Management LLC had caused the Managed Account to directly purchase.
- F10The price reported in Column 4 is a weighted average price.
- F11Represents 463,777 Shares of Common Stock owned directly by AB Value Partners, LP, 418,816 Shares of Common Stock AB Value Management LLC had caused its Managed Account to directly own.
- F12This 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.
- F2The price reported in Column 4 is a weighted average price.
- F3Represents 457,277 Shares of Common Stock owned directly by AB Value, LP, 412,316 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'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 4,900 Shares of Common Stock purchased directly by AB Value Partners, LP and 4,900 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 462,177 Shares of Common Stock owned directly by AB Value Partners, LP, 417,216 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.
- F9Represents 1,600 Shares of Common Stock purchased directly by AB Value Partners, LP and 1,600 Shares of Common Stock AB Value Management LLC had caused the Managed Account to directly purchase.