SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934*
(AMENDMENT NO. 2)
I.D. SYSTEMS, INC.
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
449489103
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(CUSIP Number)
DECEMBER 31, 2001
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(Date of Event which requires filing of this Statement)
Check the appropriate box to designate the rule pursuant
to which this Statement is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] 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
disclosures provided in a prior cover page.
CUSIP No. 449489103 13G Page 2 of 6 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Bruce Jagid
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
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NUMBER OF
SHARES 5 SOLE VOTING POWER
BENEFICIALLY 0
OWNED BY -------------------------------------------------------------
EACH
REPORTING 6 SHARED VOTING POWER
PERSON 0
WITH -------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0
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8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
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12 TYPE OF REPORTING PERSON*
IN
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SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 449489103 13G Page 3 of 6 Pages
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ITEM 1.
Incorporated by reference to Amendment No. 1 to Schedule 13G filed by Bruce
Jagid on February 13, 2001.
ITEM 2.
Incorporated by reference to Amendment No. 1 to Schedule 13G filed by Bruce
Jagid on February 13, 2001.
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:
Not applicable.
ITEM 4. OWNERSHIP.
The following is information regarding the aggregate number and percentage of
the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned:
Mr. Jagid died on April 28, 2001.
(b) Percent of class: 0%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: None.
(ii) Shared power to vote or to direct the vote: None.
(iii) Sole power to dispose or to direct the disposition of: None.
(iv) Shared power to dispose or to direct the disposition of: None.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial owner of more
than five percent of the class of securities, check the following box. [X]
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Not applicable.
CUSIP No. 449489103 13G Page 4 of 6 Pages
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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
Not applicable.
CUSIP No. 449489103 13G Page 5 of 6 Pages
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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.
2/13/02
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Date
By: /s/ Lillian Jagid
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Signature
Lillian Jagid, Executor of the Estate of
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Bruce Jagid (See Annex A)
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Name
CUSIP No. 449489103 13G Page 6 of 6 Pages
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ANNEX A
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SURROGATE'S COURT OF THE STATE OF NEW YORK
ROCKLAND COUNTY
CERTIFICATE OF APPOINTMENT OF FIDUCIARY
File No. 293/2001
IT IS HEREBY CERTIFIED that Letters in the Estate of the decedent named below
have been granted by this Court as follows:
NAME OF DECEDENT: BRUCE JAGID
DOMICILE OF DECEDENT: New City, New York
DATE OF DEATH: April 28, 2001
FIDUCIARY(S) TO WHOM
LETTERS ARE ISSUED: Lillian Jagid
TYPE OF LETTERS ISSUED: LETTERS TESTAMENTARY
DATE LETTERS ISSUED: May 9, 2001
LIMITATIONS ON LETTERS: NONE
and such letters are unrevoked and in full force as of this date.
Dated: May 10, 2001
IN TESTIMONY WHEREOF, the seal of the
Surrogate's Court of Rockland County has
been affixed.
L.S.
WITNESS: Hon. Alfred J. Weiner, Surrogate
of the County of Rockland.
/s/ Virginia Athens
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Chief Clerk of the Surrogate's Court
THIS CERTIFICATE IS NOT VALID WITHOUT THE RAISED SEAL OF THE COURT
(Note: SCPA 710 PROVIDES IN PART: "4. No fiduciary shall remove property of
the estate without the state without the prior approval of the Court and upon
filing a bond if required by the Court.")