-----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, RXLjYTUTsb4KJW3guO1kyE1IZjaJNnFTmOodNdcBilzdV7OfmKsgIKmWZOkSap2l yPdk0B7tH2E6cD7HSCx9XQ== 0000910680-02-000299.txt : 20020415 0000910680-02-000299.hdr.sgml : 20020415 ACCESSION NUMBER: 0000910680-02-000299 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20020227 FILED AS OF DATE: 20020308 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: 0131 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-15087 FILM NUMBER: 02570126 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 COMPANY DATA: COMPANY CONFORMED NAME: LOOSMORE N BERT CENTRAL INDEX KEY: 0001107318 DIRECTOR FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: C/O ID SYSTEMS INC STREET 2: ONE UNIVERSITY PLAZA CITY: HACKENSACK STATE: NJ ZIP: 07601 BUSINESS PHONE: 2126773800 MAIL ADDRESS: STREET 1: ID SYSTEMS INC STREET 2: ONE UNIVERSITY PLAZA CITY: HACKENSACK STATE: NJ ZIP: 07601 4 1 f40202nbloosmore.txt FORM 4 - 02/2002 --------------------------- OMB APPROVAL --------------------------- OMB Number: 3235-0287 Expires: January 31, 2005 Estimated average burden hours per response......0.5 --------------------------- UNITED STATES 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* Loosmore N. Bert - -------------------------------------------------------------------------------- (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. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary) - -------------------------------------------------------------------------------- 4. Statement for Month/Year February 2002 - -------------------------------------------------------------------------------- 5. If Amendment, Date of Original (Month/Year) - -------------------------------------------------------------------------------- 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [X] Director [ ] 10% Owner [ ] Officer (give title below) [ ] Other (specify below) - -------------------------------------------------------------------------------- 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
2. 3. 4. 6. Trans- Trans- Securities Acquired (A) 5. Owner- action action or Disposed of (D) Amount of ship 7. Date Code (Instr. 3, 4 and 5) Securities Form: Nature of (Instr. 8) ----------------------- Beneficially Direct Indirect ---------- Owned at (D) or Beneficial 1. (Month/ (A) End of Month Indirect Owner- Title of Security Day/ Amount or Price (Instr. 3 (I) ship (Instr. 3) Year) Code V (D) and 4) (Instr. 4) (Instr. 4) - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 02/22/02 S 7,800 D $8.4415 - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 02/25/02 S 4,700 D $8.2302 - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 02/26/02 S 7,500 D $9.0865 - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 02/27/02 S 5,000 D $9.4060 537,947 D - ------------------------------------------------------------------------------------------------------------------------------------
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the Form is filed by more than one reporting person, see Instruction 4(b)(v). (0ver) SEC 1474 (7-96) FORM 4 (continued) Table II-- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
- ------------------------------------------------------------------------------------------------------------------------------------ 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. Title of Conver- Trans- Trans- Number of Date Exer- Title and Amount Price Number Owner- Nature Derivative sion action action Derivative cisable and of Underlying of of deriv- ship of Security of Date Code Securities Expiration Date Securities Deriv- ative Form of Indi- (Instr. 3) Exer- (Instr. Acquired (A) (Month/Day/Year) (Instr. 3 and 4) ative Secur- Deriv- rect cise (Month/ 8) or Disposed ---------------- ---------------- Secur- ities ative Benefi- Price Day/ ------- (Instr. 3, ity Bene- Secur- cial of Year) Code V 4, and 5) (Instr. ficially ity: Owner- Deriv- ----------- Date Expira- Amount 5) Owned Direct ship ative (A) (D) Exer- tion Title or at End (D) or (Instr. Secur- cisable Date Number Month Indirect 4 ity of (Instr. (I) Shares 4) (Instr. 4) - ------------------------------------------------------------------------------------------------------------------------------------ Options to Common Purchase $2.63 (1) 1/2/11 Stock 5,000 5,000 D - ------------------------------------------------------------------------------------------------------------------------------------ Options to Common Purchase $3.38 (2) 4/2/11 Stock 5,000 5,000 D - ------------------------------------------------------------------------------------------------------------------------------------ Options to Common Purchase $5.61 (3) 7/2/11 Stock 5,000 5,000 D - ------------------------------------------------------------------------------------------------------------------------------------ Options to Common Purchase $4.45 (4) 10/1/11 Stock 5,000 5,000 D - ------------------------------------------------------------------------------------------------------------------------------------
Explanation of Responses: (1) Exercisable on a cumulative monthly basis over a four year period beginning February 2, 2001. (2) Exercisable on a cumulative monthly basis over a four year period beginning May 2, 2001. (3) Exercisable on a cumulative monthly basis over a four year period beginning August 2, 2001. (4) Exercisable on a cumulative monthly basis over a four year period beginning November 1, 2001. ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). By: /s/ N. Bert Loosmore 3/6/02 --------------------------------- ---------------- ** Signature of Reporting Person Date N. Bert Loosmore Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. -----END PRIVACY-ENHANCED MESSAGE-----