Michael C. Jonas - 21 Jan 2025 Form 4 Insider Report for Zedge, Inc. (ZDGE)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
23 Jan 2025, 15:30:32 UTC
Prior SEC filing
10 Sep 2024
Next SEC filing
10 Sep 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Joyce J. Mason, by Power of Attorney

Key filing fact

Michael C. Jonas filed Form 4 for Zedge, Inc. (ZDGE) on 23 Jan 2025.

Key facts

  • This page summarizes Michael C. Jonas's Form 4 filing for Zedge, Inc. (ZDGE).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 23 Jan 2025, 15:30.

Change

  • Previous filing in this sequence was filed on 10 Sep 2024.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ZDGE holding

Class B Common Stock, par value $.01 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,513,246
Date
21 Jan 2025
Ownership
Direct
Footnotes
F1
ZDGE holding

Class A Common Stock, per value $.01 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
524,775
Date
21 Jan 2025
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ZDGE transaction Derivative

Deferred Stock Units

Award

Transaction value
$0
Shares
+12,700
Change %
Price
$0.000000
Shares after
12,700
Date
21 Jan 2025
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
12,700
Exercise price
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Includes 30,864 vested restricted shares; 116,208 unvested restricted shares, 38,736 shares of which shall vest on each of February 7, 2025, February 9, 2026, and February 8, 2027; and 8,700 shares issued upon the vesting of deferred stock units ("DSUs").

Footnote F2

Represents a grant of 12,700 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: 4,233 on each of September 8, 2025 and September 7, 2026; and 4,234 on 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 4,234 and 38,100 shares of Class B common stock.

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