Berekk Blackwell - Jan 21, 2022 Form 4 Insider Report for Zoned Properties, Inc. (ZDPY)

Role: Chief Operating Officer
Signature: /s/ Berekk Blackwell
Stock symbol: ZDPY
Transactions as of: Jan 21, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/25/2022, 04:56 PM
Previous filing: Jan 25, 2022
Next filing: May 18, 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
transaction	ZDPY	Stock option (right to buy)	Award	$0	+75K		$0.00	75K	Jan 21, 2022	Common Stock	75K	$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 21, 2022, the issuer's Board of Directors granted the reporting person, pursuant to the 2016 Equity Incentive Plan, an option to purchase 75,000 shares of the issuer's common stock at an exercise price of $1.00 per share. The option vests (i) as to 15,000 shares on the date of grant; and (ii) as to in equal quarterly installments with respect to 7,500 shares each year on the anniversary date of the grant beginning on January 21, 2023 and ending on January 21, 2030.

Content

On January 21, 2022, the issuer's Board of Directors granted the reporting person, pursuant to the 2016 Equity Incentive Plan, an option to purchase 75,000 shares of the issuer's common stock at an exercise price of $1.00 per share. The option vests (i) as to 15,000 shares on the date of grant; and (ii) as to in equal quarterly installments with respect to 7,500 shares each year on the anniversary date of the grant beginning on January 21, 2023 and ending on January 21, 2030.