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

Role: Chief Operating Officer
Signature: /s/ Berekk Blackwell
Issuer symbol: ZDPY
Transactions as of: 21 Jan 2022
Net transactions value: $0
Form type: 4
Filing time: 25 Jan 2022, 16:56:20 UTC
Previous filing: 25 Jan 2022
Next filing: 18 May 2022
SEC: View on sec.gov

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	+75,000		$0.000000	75,000	21 Jan 2022	Common Stock	75,000	$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.