4//SEC Filing
REICH JONATHAN 4
Accession 0000950170-25-008284
CIK 0001667313other
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 3:30 PM ET
Size
7.8 KB
Accession
0000950170-25-008284
Insider Transaction Report
Form 4
Zedge, Inc.ZDGE
REICH JONATHAN
CEO & President
Transactions
- Award
Deferred Stock Units
2025-01-21+19,400→ 19,400 totalExp: 2027-09-06→ Class B Common Stock (19,400 underlying)
Holdings
- 25,756
Class B Common Stock, par value $.01 per share
- 36,202(indirect: By 401(k))
Class B Common Stock, par value $.01 per share
Footnotes (3)
- [F1]Includes 2,176 shares due to the Reporting Person's ownership of IDT Corporation's ("IDT's") Class B Common Stock at the time of the Issuer's spin-off from IDT and 14,765 shares issued upon the vesting of DSUs.
- [F2]As of January 15, 2025.
- [F3]Represents a grant of 19,400 DSUs. Each DSU represents the right to receive between 1/3 of a share and 3 shares of the Issuer's Class B common stock. Vesting of the DSUs will be as follows: 6,466 on September 8, 2025; and 6,467 on each of September 7, 2026 and September 6, 2027. The number of shares that will be issued for each DSU vested will depend on the market price for the Class B common stock as of the relevant vesting date. If the market price of Class B common stock on the vesting date is less than $2.76 (the baseline value of a share of Class B common stock at the time the grant was approved), 1/3 of a share will be issued per DSU; if the price is $7.00 or greater, 3 shares will be issued per DSU. For prices between $2.76 and $7.00, the number of shares issued will be proportionate based on six distinct market price bands. Upon vesting in full, the Reporting Person will be entitled to receive between 6,467 and 58,200 shares of Class B common stock.
Documents
Issuer
Zedge, Inc.
CIK 0001667313
Entity typeother
Related Parties
1- filerCIK 0001196772
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 3:30 PM ET
- Size
- 7.8 KB