ID SYSTEMS INC
SC 13G, 2000-02-18
Previous: ID SYSTEMS INC, SC 13G, 2000-02-18
Next: ID SYSTEMS INC, SC 13G, 2000-02-18



<PAGE>

                              UNITED STATES
                    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):

         MARTIN ROSANSKY, 108 28 4736
- -------------------------------------------------------------------------------
 (2) Check the Appropriate Box if a Member   (a)  / /
     of a Group (See Instructions)           (b)  / /

NOT APPLICABLE
- -------------------------------------------------------------------------------
 (3) SEC Use Only

- -------------------------------------------------------------------------------
 (4) Citizenship or Place of Organization: U.S.A.

- -------------------------------------------------------------------------------
 Number of Shares             (5) Sole Voting Power
 Beneficially                       568,663
 Owned by                    --------------------------------------------------
 Each Reporting               (6) Shared Voting Power
 Person With:                       NOT APPLICABLE
                             --------------------------------------------------
                              (7) Sole Dispositive Power
                                    568,663
                             --------------------------------------------------
                              (8) Shared Dispositive Power
                                    NOT APPLICABLE
- -------------------------------------------------------------------------------
 (9) Aggregate Amount Beneficially Owned by Each Reporting Person: 568,663

- -------------------------------------------------------------------------------
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares:

- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9): 9.84%

- -------------------------------------------------------------------------------
(12) Type of Reporting Person (See Instructions):    IN

- -------------------------------------------------------------------------------

<PAGE>

ITEM 1.

    (a)   Name of Issuer:  I.D. SYSTEMS, INC.

          ---------------------------------------------------------------------
    (b)   Address of Issuer's Principal Executive Offices:
          90 WILLIAM STREET, SUITE 402
          NEW YORK, NEW YORK
          ---------------------------------------------------------------------


ITEM 2.

    (a)   Name of Person Filing:   MARTIN ROSANSKY

          ---------------------------------------------------------------------
    (b)   Address of Principal Business Office or, if none, Residence:
                  C/O COINING TECHNOLOGIES
                  400 KULLER ROAD
                  CLIFTON, NJ. 07011
          ---------------------------------------------------------------------
    (c)   Citizenship:  U.S.A.

          ---------------------------------------------------------------------
    (d)   Title of Class of Securities:  COMMON STOCK $.01 PAR VALUE

          ---------------------------------------------------------------------
    (e)   CUSIP Number:   449489103

          ---------------------------------------------------------------------

ITEM 3.  If this statement is filed pursuant to Sections 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 association 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 568,663 includes 58,125 exercisable within 60 days
    ---------------------------------------------------------------------------

    (b) Percent of class:
         9.84%
    ---------------------------------------------------------------------------

    (c) Number of shares as to which the person has:

          (i) Sole power to vote or to direct the vote
                568,663
              -----------------------------------------------------------------
         (ii) Shared power to vote or to direct the vote
                NONE
              -----------------------------------------------------------------
        (iii) Sole power to dispose or to direct the disposition of
                568,663
              -----------------------------------------------------------------
         (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

         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 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 9, 2000
                                       ----------------------------------------
                                                         Date

                                                 /s/ Martin Rosansky
                                       ----------------------------------------
                                                      Signature

                                                   MARTIN ROSANSKY
                                       ----------------------------------------
                                                      Name/Title




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission