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OMB APPROVAL
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OMB Number 3525-0287
Expires: September 30, 1998
Estimated average burden
hours per response ...... 0.5
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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).
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1. Name and Address of Reporting Person*
MAVROMMATIS NED
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(Last) (First) (Middle)
C/O I.D. SYSTEMS, INC.
ONE UNIVERSITY PLAZA
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(Street)
HACKENSACK, NJ 07601
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
I.D. SYSTEMS, INC. IDSY
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3. IRS or Social Security Number of Reporting Person (Voluntary)
________________________________________________________________________________
4. Statement for Month/Year
DECEMBER 2000
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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
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7. Individual or Joint/Group Filing (Check applicable line)
[X] Form filed by one Reporting Person
[_] Form filed by more than one Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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<TABLE>
<CAPTION>
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)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock 12/20/00 P 2,500 A $2.00 2,500 D
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</TABLE>
(Print or Type Responses)
(Over)
SEC 1474(8-92)
<PAGE>
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
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)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common
Stock Options $4.125 - - - - - - - - - - - 10/18/00 10/18/09 Stock 8,000 (1) 8,000 D - -
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Common
Stock Options $4.125 - - - - - - - - - - - 10/18/01 10/18/09 Stock 8,000 (1) 8,000 D - -
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Common
Stock Options $4.125 - - - - - - - - - - - 10/18/02 10/18/09 Stock 8,000 (1) 8,000 D - -
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Common
Stock Options $4.125 - - - - - - - - - - - 10/18/03 10/18/09 Stock 8,000 (1) 8,000 D - -
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Common
Stock Options $4.125 - - - - - - - - - - - 10/18/04 10/18/09 Stock 8,000 (1) 8,000 D - -
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Commmon
Stock Options $7.56 - - - - - - - - - - - 1/19/01 1/19/10 Stock 4,000 (1) 4,000 D - -
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Commmon
Stock Options $7.56 - - - - - - - - - - - 1/19/02 1/19/10 Stock 4,000 (1) 4,000 D - -
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Commmon
Stock Options $7.56 - - - - - - - - - - - 1/19/03 1/19/10 Stock 4,000 (1) 4,000 D - -
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Commmon
Stock Options $7.56 - - - - - - - - - - - 1/19/04 1/19/10 Stock 4,000 (1) 4,000 D - -
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Commmon
Stock Options $7.56 - - - - - - - - - - - 1/19/05 1/19/10 Stock 4,000 (1) 4,000 D - -
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Commmon
Stock Options $3.5625 - - - - - - - - - - - 6/1/01 6/1/10 Stock 10,000 (1) 10,000 D - -
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Commmon
Stock Options $3.5625 - - - - - - - - - - - 1/2/02 6/1/10 Stock 10,000 (1) 10,000 D - -
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Commmon
Stock Options $3.5625 - - - - - - - - - - - 6/1/03 6/1/10 Stock 10,000 (1) 10,000 D - -
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Commmon
Stock Options $3.5625 - - - - - - - - - - - 6/1/04 6/1/10 Stock 10,000 (1) 10,000 D - -
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Commmon
Stock Options $3.5625 - - - - - - - - - - - 6/1/05 6/1/10 Stock 10,000 (1) 10,000 D - -
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</TABLE>
Explanation of Responses: (1) Granted pursuant to Company's 1999 Employee Stock
Option Plan.
/s/ Ned Mavrommatis 1/3/01
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**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.
