4//SEC Filing
Tsai Yi 4
Accession 0000950170-25-008286
CIK 0001667313other
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 3:30 PM ET
Size
7.6 KB
Accession
0000950170-25-008286
Insider Transaction Report
Form 4
Zedge, Inc.ZDGE
Tsai Yi
CFO & Treasurer
Transactions
- Award
Deferred Stock Units
2025-01-21+6,000→ 6,000 totalExp: 2027-09-06→ Class B Common Stock (6,000 underlying)
Holdings
- 20,115(indirect: By 401(k))
Class B Common Stock, par value $.01 per share
- 4,224
Class B Common Stock, par value $.01 per share
Footnotes (3)
- [F1]Consists of shares issued upon the vesting of deferred stock units ("DSUs").
- [F2]As of January 15, 2025.
- [F3]Represents a grant of 6,000 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: 2,000 on each of September 8, 2025, September 7, 2026, and 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 2,000 and 18,000 shares of Class B common stock.
Documents
Issuer
Zedge, Inc.
CIK 0001667313
Entity typeother
Related Parties
1- filerCIK 0001565415
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 3:30 PM ET
- Size
- 7.6 KB