<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. . . .) I.D. SYSTEMS, INC.
(Name of Issuer)
COMMON STOCK, $ .01 PAR VALUE
(Title of Class of Securities)
449489103
(CUSIP Number)
December 31, 1999
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[x] Rule 13d-1(c)
[ ] 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.: 449489103
- --------------------------------------------------------------------------------
1) Names of Reporting Persons I.R.S. Identification Nos. of Above
Persons(entities only):
BRUCE JAGID, ###-##-####
- --------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
NOT APPLICBLE (a) ______
(b) ______
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Citizenship or Place of Organization: U.S.A.
- --------------------------------------------------------------------------------
Number of Shares (5) Sole Voting Power: 532,825
Beneficially -------------------------------------------------------------
Owned by Each (6) Shared Voting Power: NOT APPLICABLE
Reporting -------------------------------------------------------------
Person With (7) Sole Dispositive Power: 532,825
-------------------------------------------------------------
(8) Shared Dispositive Power: NOT APPLICABLE
- --------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person: 532,825
- --------------------------------------------------------------------------------
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares: [X]
- --------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row 9: 9.22%
- --------------------------------------------------------------------------------
(12) Type of Reporting Person (See Instructions): IN
<PAGE>
ITEM 1(a) Name of Issuer: I. D. SYSTEMS, INC.
ITEM 1(b) ADDRESS of Issuer's Principal Executive Offices:
90 WILLIAM STREET, SUITE 402
NEW YORK, NEW YORK
ITEM 2(a) Name of Person Filing: BRUCE JAGID
ITEM 2(b) Address of Principal Business Office or, if none, Residence:
C/O COINING TECHNOLOGIES
400 KULLER ROAD
CLIFTON, NJ. 07011
ITEM 2(c) Citizenship: U.S.A.
ITEM 2(d) Title of Class of Securities: COMMON STOCK $ .01 PAR VALUE
ITEM 2(e) CUSIP Number: 449489103
ITEM 3. If this statement is filed pursuant to section 240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
(a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C.
78c).
(d) [ ] Investment company registered under section 8 of the Investment Company
Act of 1940 (15 U.S.C 80a-8).
(e) [ ] An investment adviser in accordance with section 240.13d-
1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with section
240.13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance with
section 240.13d-1(b)(1)(ii)(G);
<PAGE>
(h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit
Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition of an investment
company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C.
80a-3);
(j) [ ] Group, in accordance with section 240.13d-1(b)(1)(ii)(J).
ITEM 4. Ownership
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned: TOTAL 532,825 INCLUDES 58,125 EXERCISABLE WITHIN
60 DAYS
(b) Percent of class: 9.22%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 532,825
(ii) Shared power to vote or to direct the vote: NONE
(iii) Sole power to dispose or to direct the disposition of: 532,825
(iv) Shared power to dispose or to direct the disposition of: NONE
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
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
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
<PAGE>
SIGNATURE
After reasonable inquiry to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
FEBRUARY 9, 2000
----------------
Date
/S/BRUCE JAGID
--------------
Signature
BRUCE JAGID
Name/Title
