-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, R5oFfjsO2y1Gx1sEtGdc+nIAX/2Uz1DghC5FB7elOP/qQSsNfcR8NUBZYOp3qDnG QVA1emfVyEW5Bn5C/+kN8w== 0001144204-08-008655.txt : 20080213 0001144204-08-008655.hdr.sgml : 20080213 20080213172205 ACCESSION NUMBER: 0001144204-08-008655 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080213 DATE AS OF CHANGE: 20080213 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ID SYSTEMS INC CENTRAL INDEX KEY: 0000049615 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 223270799 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-58109 FILM NUMBER: 08606266 BUSINESS ADDRESS: STREET 1: ONE UNIVERSITY PLAZA CITY: HACKENSACK STATE: NJ ZIP: 07601 BUSINESS PHONE: 2016709000 MAIL ADDRESS: STREET 1: ID SYSTEMS INC STREET 2: ONE UNIVERSITY PLAZA CITY: HACKENSACK STATE: NJ ZIP: 07601 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: JAGID JEFFREY M CENTRAL INDEX KEY: 0001117037 FILING VALUES: FORM TYPE: SC 13G/A MAIL ADDRESS: STREET 1: ID SYSTEMS INC STREET 2: ONE UNIVERSITY PLAZA CITY: HACKENSACK STATE: NJ ZIP: 07601 SC 13G/A 1 v102711_sch13ga.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Amendment No. 8) Under the Securities Exchange Act of 1934 I.D. Systems, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $0.01 par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 449489 10 3 - -------------------------------------------------------------------------------- (CUSIP Number) December 31, 2007 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule 13G is filed: [_] Rule 13d-1(b) [_] Rule 13d-1(c) [X] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 449489 10 3 - -------------------------------------------------------------------------------- (1) Names of Reporting Persons. I.R.S. Identification Nos. of Above Persons (entities only): Jeffrey Jagid - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of a Group (See Instructions) (a)[ ] (b)[ ] - -------------------------------------------------------------------------------- (3) SEC Use Only - -------------------------------------------------------------------------------- (4) Citizenship or Place of Organization: United States - -------------------------------------------------------------------------------- Number of Shares Beneficially Owned by Each Reporting Person With (5) Sole Voting Power: 622,619* ---------------------------------------- (6) Shared Voting Power: 0 ---------------------------------------- (7) Sole Dispositive Power: 622,619* ---------------------------------------- (8) Shared Dispositive Power: 0 - -------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned by Each Reporting Person: 622,619* - -------------------------------------------------------------------------------- (10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions): N/A - -------------------------------------------------------------------------------- (11) Percent of Class Represented by Amount in Row (9): 5.5%* - -------------------------------------------------------------------------------- (12) Type of Reporting Person (See Instructions): IN - -------------------------------------------------------------------------------- *Based on 11,015,151 shares of common stock, par value $0.01 per share ("Common Stock"), of I.D. Systems, Inc., a Delaware corporation (the "Company"), outstanding as of December 31, 2007. The amount of shares beneficially owned includes options to purchase 318,625 shares of Common Stock exercisable within 60 days of December 31, 2007. 2 Item 1(a). Name Of Issuer: I.D. Systems, Inc. Item 1(b). Address of Issuer's Principal Executive Offices: 1 University Plaza, Hackensack, New Jersey 07601. Item 2(a). Name of Person Filing: Jeffrey Jagid Item 2(b). Address of Principal Business Office or, if None, Residence: c/o I.D. Systems, Inc., 1 University Plaza, Hackensack, New Jersey 07601. Item 2(c). Citizenship: United States Item 2(d). Title of Class of Securities: Common Stock, $0.01 par value Item 2(e). CUSIP No.: 449489 10 3 Item 3. If This Statement Is Filed Pursuant to ss.ss. 240.13d-1(b) or 240.13d-2(b) or (c), check whether the Person Filing is a: Not Applicable. Item 4. Ownership (a) Amount Beneficially Owned: 622,619* (b) Percent of Class: 5.5% (c) Number of Shares as to which the person has: (i) sole power to vote or to direct the vote 622,619* (ii) shared power to vote or to direct the vote 0 (iii) sole power to dispose or to direct the disposition of 622,619* (iv) shared power to dispose or to direct the disposition of 0 *Includes options to purchase 318,625 shares of Common Stock exercisable within 60 days of December 31, 2007. Item 5. Ownership of Five Percent or Less of a Class Not Applicable. Item 6. Ownership of More Than Five Percent on Behalf of Another Person Not Applicable. 3 Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person Not Applicable. Item 8. Identification and Classification of Members of the Group Not Applicable. Item 9. Notice of Dissolution of Group Not Applicable. Item 10. Certification This certification is not required as the filing person is filing pursuant to Rule 13d-1(d). 4 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. February 13, 2008 /s/ Jeffrey Jagid ----------------- Jeffrey Jagid Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001) 5 -----END PRIVACY-ENHANCED MESSAGE-----