AVIS BUDGET GROUP, INC. — Director's Dealing 2011

Aug 25, 2011

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ID SYSTEMS INC (IDSY)
CIK: 0000049615
Period of Report: 2011-08-22

Reporting Person: AVIS BUDGET GROUP, INC. (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1000000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Warrant (right to buy)	$10.00	2016-08-22	Common Stock (600000)		Direct

Footnotes

F1: The warrant is exercisable immediately with respect to 100,000 shares, and with respect to 500,000 shares on or after the date on which the reporting person's subsidiary, Avis Budget Car Rental, LLC, executes an agreed-upon statement of work with I.D. Systems, Inc.