4 1 form4_24343.txt FORM 4 ----------------------------- OMB APPROVAL ----------------------------- OMB Number 3525-0287 Expires: September 30, 1998 Estimated average burden hours per response ...... 0.5 ----------------------------- U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 [_] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). ________________________________________________________________________________ 1. Name and Address of Reporting Person* MAVROMMATIS NED -------------------------------------------------------------------------------- (Last) (First) (Middle) C/O I.D. SYSTEMS, INC. ONE UNIVERSITY PLAZA -------------------------------------------------------------------------------- (Street) HACKENSACK, NJ 07601 -------------------------------------------------------------------------------- (City) (State) (Zip) ________________________________________________________________________________ 2. Issuer Name and Ticker or Trading Symbol I.D. SYSTEMS, INC. IDSY ________________________________________________________________________________ 3. IRS or Social Security Number of Reporting Person (Voluntary) ________________________________________________________________________________ 4. Statement for Month/Year DECEMBER 2000 ________________________________________________________________________________ 5. If Amendment, Date of Original (Month/Year) ________________________________________________________________________________ 6. Relationship of Reporting Person to Issuer (Check all applicable) [ ] Director [_] 10% Owner [X] Officer (give title below) [_] Other (specify below) CHIEF FINANCIAL OFFICER ________________________________________________________________________________ 7. Individual or Joint/Group Filing (Check applicable line) [X] Form filed by one Reporting Person [_] Form filed by more than one Reporting Person ________________________________________________________________________________ ================================================================================ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned ================================================================================
6. 4. 5. Owner- Securities Acquired (A) or Amount of ship 3. Disposed of (D) Securities Form: 7. Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of 2. Code ------------------------------- Owned at End (D) or Indirect 1. Transaction (Instr. 8) (A) of Month Indirect Beneficial Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership (Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 12/20/00 P 2,500 A $2.00 2,500 D ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================
(Print or Type Responses) (Over) SEC 1474(8-92) FORM 4 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ================================================================================
10. 9. Owner- Number ship of Form 2. Deriv- of Conver- 5. 7. ative Deriv- 11. sion Number of Title and Amount Secur- ative Nature or Derivative 6. of Underlying 8. ities Secur- of Exer- 4. Securities Date Securities Price Bene- ity: In- cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene- 1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner- Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr. (Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock Options $4.125 - - - - - - - - - - - 10/18/00 10/18/09 Stock 8,000 (1) 8,000 D - - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock Options $4.125 - - - - - - - - - - - 10/18/01 10/18/09 Stock 8,000 (1) 8,000 D - - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock Options $4.125 - - - - - - - - - - - 10/18/02 10/18/09 Stock 8,000 (1) 8,000 D - - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock Options $4.125 - - - - - - - - - - - 10/18/03 10/18/09 Stock 8,000 (1) 8,000 D - - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock Options $4.125 - - - - - - - - - - - 10/18/04 10/18/09 Stock 8,000 (1) 8,000 D - - ------------------------------------------------------------------------------------------------------------------------------------ Commmon Stock Options $7.56 - - - - - - - - - - - 1/19/01 1/19/10 Stock 4,000 (1) 4,000 D - - ------------------------------------------------------------------------------------------------------------------------------------ Commmon Stock Options $7.56 - - - - - - - - - - - 1/19/02 1/19/10 Stock 4,000 (1) 4,000 D - - ------------------------------------------------------------------------------------------------------------------------------------ Commmon Stock Options $7.56 - - - - - - - - - - - 1/19/03 1/19/10 Stock 4,000 (1) 4,000 D - - ------------------------------------------------------------------------------------------------------------------------------------ Commmon Stock Options $7.56 - - - - - - - - - - - 1/19/04 1/19/10 Stock 4,000 (1) 4,000 D - - ------------------------------------------------------------------------------------------------------------------------------------ Commmon Stock Options $7.56 - - - - - - - - - - - 1/19/05 1/19/10 Stock 4,000 (1) 4,000 D - - ------------------------------------------------------------------------------------------------------------------------------------ Commmon Stock Options $3.5625 - - - - - - - - - - - 6/1/01 6/1/10 Stock 10,000 (1) 10,000 D - - ------------------------------------------------------------------------------------------------------------------------------------ Commmon Stock Options $3.5625 - - - - - - - - - - - 1/2/02 6/1/10 Stock 10,000 (1) 10,000 D - - ------------------------------------------------------------------------------------------------------------------------------------ Commmon Stock Options $3.5625 - - - - - - - - - - - 6/1/03 6/1/10 Stock 10,000 (1) 10,000 D - - ------------------------------------------------------------------------------------------------------------------------------------ Commmon Stock Options $3.5625 - - - - - - - - - - - 6/1/04 6/1/10 Stock 10,000 (1) 10,000 D - - ------------------------------------------------------------------------------------------------------------------------------------ Commmon Stock Options $3.5625 - - - - - - - - - - - 6/1/05 6/1/10 Stock 10,000 (1) 10,000 D - - ------------------------------------------------------------------------------------------------------------------------------------
Explanation of Responses: (1) Granted pursuant to Company's 1999 Employee Stock Option Plan. /s/ Ned Mavrommatis 1/3/01 ------------------------------------- ----------- **Signature of Reporting Person Date Ned Mavrommatis *If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v) ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. Note: File three copies of this Form, one of which must be manually signed. Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). If space provided is insufficient, see Instruction 6 for procedure.