Michael C. Jonas - 07 Sep 2017 Form 4 Insider Report for Zedge, Inc. (ZDGE)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
09 Sep 2021, 19:16:16 UTC
Next SEC filing
15 Jul 2021
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 09 Sep 2021.

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: 09 Sep 2021, 19:16.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • 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
1,337,723
Date
07 Sep 2017
Ownership
Direct
Footnotes
F1
ZDGE holding

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

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
524,775
Date
07 Sep 2017
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
+29,000
Change %
Price
$0.000000
Shares after
29,000
Date
07 Sep 2021
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
29,000
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 941 unvested restricted shares that vest as follows: 470 on November 7, 2021 and 471 on November 7, 2022; and 92,593 unvested restricted shares that vest as follows: 30,865 on February 7, 2022 and 30,864 on each of February 7, 2023 and February 7, 2024.

Footnote F2

Represents a grant of 29,000 deferred stock units ("DSUs"). Each DSU has the right to receive one share of the Issuer's Class B common stock. Vesting of 30% of the DSUs will be time-based as follows: 25% on September 7, 2022, 33% on September 7, 2023, and 42% on September 7, 2024. Vesting of the remaining 70% of the DSUs will be on the following dates in the following amounts only if the aggregate market capitalization of the Issuer's equity securities has reached or exceeded $451 million for five consecutive trading days between the grant date and the vest date: 25% on September 7, 2022, up to 58% (the prior 25% and an additional 33%) on September 7, 2023, and up to 100% on September 7, 2024. In the event the market capitalization condition has not been met prior to a vesting date, but is met by a subsequent vesting date, all DSUs eligible for vesting prior to that date shall vest.

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