0001209191-23-048994.txt : 20230911 0001209191-23-048994.hdr.sgml : 20230911 20230911182251 ACCESSION NUMBER: 0001209191-23-048994 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230907 FILED AS OF DATE: 20230911 DATE AS OF CHANGE: 20230911 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: JONAS MICHAEL C CENTRAL INDEX KEY: 0001607914 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37782 FILM NUMBER: 231248676 MAIL ADDRESS: STREET 1: C/O GENIE ENERGY LTD. STREET 2: 550 BROAD STREET CITY: NEWARK STATE: NJ ZIP: 07102 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Zedge, Inc. CENTRAL INDEX KEY: 0001667313 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] 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 doc4.xml FORM 4 SUBMISSION X0508 4 2023-09-07 0 0001667313 Zedge, Inc. ZDGE 0001607914 JONAS MICHAEL C C/O ZEDGE, INC. 1178 BROADWAY, SUITE 1450, 3RD FLOOR NEW YORK NY 10001 1 1 1 0 Executive Chairman 0 Class B Common Stock, par value $.01 per share 2023-09-07 4 M 0 2871 A 1342769 D Class A Common Stock, par value $.01 per share 524775 D Deferred Stock Units 2023-09-07 4 M 0 2871 0.00 D Class B Common Stock 2871 23954 D Deferred Stock Units, or DSUs, convert into shares of Class B Common Stock on a one-for-one basis. Includes 30,864 unvested restricted shares that vest on February 7, 2024 and 5,046 shares issued upon the vesting of DSUs. On September 7, 2021, the Reporting Person was granted 29,000 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 and September 7, 2023. Joyce J. Mason, by Power of Attorney 2023-09-11