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