Filing Details

Accession Number:
0000904454-18-000045
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-01-22 16:29:38
Reporting Period:
2018-01-18
Accepted Time:
2018-01-22 16:29:38
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
49615 Id Systems Inc IDSY Communications Equipment, Nec (3669) 223270799
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1292832 Capital Emancipation 825 Third Avenue, 33Rd Floor
Newyork NY 10022
No No Yes No
1314587 Charles Frumberg 825 Third Avenue, 33Rd Floor
Newyork NY 10022
No No Yes No
1314840 Emancipation Capital, Llc 825 Third Avenue, 33Rd Floor
Newyork NY 10022
No No Yes No
1478861 Emancipation Management Llc 825 Third Avenue, 33Rd Floor
Newyork NY 10022
No No Yes No
1685960 Emancipation Capital Spv Iv Llc 825 Third Avenue, 33Rd Floor
Newyork NY 10022
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2018-01-18 25,000 $6.90 1,787,393 No 4 S Indirect See footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnotes
Footnotes
  1. The securities reported herein are directly held by (i) Emancipation Capital Master, Ltd. ("Emancipation Master"), (ii) Emancipation Capital SPV IV LLC ("Emancipation SPV IV") and (iii) a certain account (the "Managed Account") managed by Emancipation Management LLC ("Emancipation Management"). Emancipation Management also serves as the investment manager of Emancipation Master and Emancipation SPV IV. Emancipation Capital LLC ("Emancipation Capital") is the managing member of Emancipation SPV IV. Mr. Charles Frumberg is the managing member of Emancipation Management and Emancipation Capital. By virtue of the foregoing relationships, each of the Reporting Persons may be deemed to indirectly beneficially own the securities directly held by Emancipation Master, Emancipation SPV IV and the Managed Account. Each Reporting Person disclaims beneficial ownership of such securities, except to the extent of its or his pecuniary interest therein.
  2. The sale of shares of Common Stock that is the subject of this report was made by the Managed Account to a third party. The remainder of the shares of Common Stock directly held by the Managed Account were also sold on 01/18/2018 at $6.90 per share, to Emancipation SPV IV. After these transactions, the Managed Account no longer holds any shares of Common Stock.