Berekk Blackwell - Jul 1, 2021 Form 3 Insider Report for Zoned Properties, Inc. (ZDPY)

Role: Chief Operating Officer
Signature: /s/ Berekk Blackwell
Stock symbol: ZDPY
Transactions as of: Jul 1, 2021
Transactions value $: $0
Form type: 3
Date filed: 1/25/2022, 04:53 PM
Next filing: Jan 25, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	ZDPY	Stock option (right to buy)							Jul 1, 2021	Common Stock	125K	$1.00	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On January 1, 2021, the issuer's Board of Directors granted the reporting person, pursuant to the 2016 Equity Incentive Plan, an option to purchase 125,000 shares of the issuer's common stock at an exercise price of $1.00 per share. The option vests (i) as to 25,000 shares on the date of grant; and (ii) as to 10,000 shares each year on the anniversary date of the grant beginning on January 1, 2022 and ending on January 1, 2031.

Content

On January 1, 2021, the issuer's Board of Directors granted the reporting person, pursuant to the 2016 Equity Incentive Plan, an option to purchase 125,000 shares of the issuer's common stock at an exercise price of $1.00 per share. The option vests (i) as to 25,000 shares on the date of grant; and (ii) as to 10,000 shares each year on the anniversary date of the grant beginning on January 1, 2022 and ending on January 1, 2031.