JONAS MICHAEL C 4
4 · Zedge, Inc. · Filed Sep 10, 2025
Insider Transaction Report
Form 4
Zedge, Inc.ZDGE
JONAS MICHAEL C
DirectorExecutive Chairman10% Owner
Transactions
- Exercise/Conversion
Deferred Stock Units
2025-09-08−4,233→ 0 total→ Class B Common Stock (4,233 underlying) - Exercise/Conversion
Class B Common Stock, par value $.01 per share
2025-09-08+4,233→ 1,517,479 total
Holdings
- 524,775
Class A Common Stock, per value $.01 per share
Footnotes (3)
- [F1]Deferred Stock Units, or DSUs, convert into shares of Class B Common Stock on a one-for-one basis.
- [F2]Includes 69,600 vested restricted shares; 77,472 unvested restricted shares, 38,736 shares of which shall vest on each of February 9, 2026, and February 8, 2027; and 12,933 shares issued upon the vesting of deferred stock units ("DSUs").
- [F3]On January 21, 2025, the Reporting Person was granted 12,700 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 is as follows: 4,233 on each of September 8, 2025 and September 7, 2026; and 4,234 on September 6, 2027. The number of shares issued for each DSU vested depends on the market price for the Class B common stock as of the relevant vesting date. For the September 8, 2025 vesting, the market price was $3.08, between $2.76 (the grant price) and $3.99; therefore, 4,233 shares were issued on September 8, 2025 for the 4,233 DSUs that vested that day, based on the applicable distinct market price band.