0000950170-24-105285.txt : 20240910 0000950170-24-105285.hdr.sgml : 20240910 20240910200625 ACCESSION NUMBER: 0000950170-24-105285 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240907 FILED AS OF DATE: 20240910 DATE AS OF CHANGE: 20240910 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Tsai Yi CENTRAL INDEX KEY: 0001565415 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37782 FILM NUMBER: 241291238 MAIL ADDRESS: STREET 1: 51 CROSS HWY CITY: WESTPORT STATE: CT ZIP: 06880 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Zedge, Inc. CENTRAL INDEX KEY: 0001667313 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 263199071 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 BUSINESS ADDRESS: STREET 1: 1178 BROADWAY STREET 2: SUITE 1450, 3RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 330-577-3424 MAIL ADDRESS: STREET 1: 1178 BROADWAY STREET 2: SUITE 1450, 3RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10001 4 1 ownership.xml 4 X0508 4 2024-09-07 0001667313 Zedge, Inc. ZDGE 0001565415 Tsai Yi C/O ZEDGE, INC. 1178 BROADWAY, SUITE 1450, 3RD FLOOR NEW YORK NY 10001 false true false false CFO & Treasurer false Class B Common Stock, par value $.01 per share 2024-09-07 4 M false 3024 A 5474 D Class B Common Stock, par value $.01 per share 2024-09-07 4 F false 1250 3.155 D 4224 D Class B Common Stock, par value $.01 per share 15513 I By 401(k) Plan Deferred Stock Units 2024-09-07 4 M false 3024 0 D Class B Common Stock 3024 0 D Deferred Stock Units, or DSUs, convert into shares of Class B Common Stock on a one-for-one basis. Consists of shares issued upon the vesting of DSUs. Represents shares withheld by the Issuer for tax purposes upon the vesting of DSUs. As of September 7, 2024. On September 7, 2021, the Reporting Person was granted 24,000 DSUs. The DSU grant provided that vesting of 30% of the DSUs is solely time-based as follows: 25% on September 7, 2022, 33% on September 7, 2023, and 42% on September 7, 2024. Vesting of the remaining 70% of the DSUs will be on the following dates in the following amounts only if the aggregate market capitalization of the Issuer's equity securities has reached or exceeded $451 million for five consecutive trading days between the grant date and the vest date: 25% on September 7, 2022, up to 58% (the prior 25% and an additional 33%) on September 7, 2023, and up to 100% on September 7, 2024. In the event the market capitalization condition has not been met prior to a vesting date, but is met by a subsequent vesting date, all DSUs eligible for vesting prior to that date shall vest. The market capitalization condition was not met for the vesting dates of September 7, 2022, September 7, 2023 and September 7, 2024. Joyce J. Mason, by Power of Attorney 2024-09-10