Zedge (ZDGE) executive Reich acquired 4,350 shares
Stocks in this Quantisnow insightTechnology
Insider transactions reported
Jonathan Reich (executive at Zedge Inc., ZDGE) reported that they acquired 4,350 shares on Sep 7, 2022. After these transactions the filing shows 15,341 shares held directly.
- Reporting person
- Reich Jonathan
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Sep 7, 2022 | Exercise or conversion of a derivative (M) | Class B. Common Stock, par value $.01 per share1, 2 | +4,350 | - | - | 15,341 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Sep 7, 2022 | Exercise or conversion of a derivative (M) | Deferred Stock UnitsOn 4,350 Class B Common Stock1, 4 | -4,350 | - | - | 53,650 direct |
Holdings before and after
- Class B. Common Stock, par value $.01 per share: 10,991 to 15,341 direct
- Deferred Stock Units: 58,000 to 53,650 direct
Other positions listed
- Class B. Common Stock, par value $.01 per share: 19,981 indirect, By 401(k) Plan
Footnotes from the filing
- 1. Deferred Stock Units, or DSUs, convert into shares of Class B Common Stock on a one-for-one basis.
- 2. Includes 2,176 shares due to the Reporting Person's ownership of IDT Class B Common Stock at the time of the Issuer's spin-off from IDT and 4,350 shares issued upon the vesting of DSUs.
- 3. As of September 15, 2022.
- 4. On September 7, 2021, the Reporting Person was granted 58,000 DSUs. The DSU grant provided that vesting of 30% of the DSUs will be 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 vest that was to occur on September 7, 2022.
Transaction codes in this filing
- Exercise or conversion of a derivative:
- Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
FAQ
What did Reich report in this ZDGE Form 4?
Jonathan Reich (executive at Zedge Inc., ZDGE) reported that they acquired 4,350 shares on Sep 7, 2022. After these transactions the filing shows 15,341 shares held directly.
How many ZDGE shares does Reich hold after this filing?
The filing shows 15,341 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code M mean on an SEC Form 4?
Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
Historical context for ZDGE
Earlier insider filings at ZDGE
- Sep 15, 2022SEC Form 4: Tsai Yi converted options into 1,800 units of Class B Common Stock and covered exercise/tax liability with 744 units of Class B Common Stock
- Jul 13, 2022SEC Form 4: Suess Gregory bought $9,089 worth of Class B Common Stock (3,358 units at $2.71), increasing direct ownership by 87% to 7,234 units
- Jun 10, 2022SEC Form 4: Gibber Elliot bought $3,421 worth of Class B Common Stock (645 units at $5.30), increasing direct ownership by 0.38% to 171,886 units
- Jun 3, 2022SEC Form 4: Gibber Elliot bought $3,445 worth of Class B Common Stock (645 units at $5.34), increasing direct ownership by 0.38% to 171,241 units
- May 27, 2022SEC Form 4: Gibber Elliot bought $3,334 worth of Class B Common Stock (645 units at $5.17), increasing direct ownership by 0.38% to 170,596 units
Keep researching ZDGE
- ZDGE insider tradesEvery buy and sale reported by Zedge Inc. officers, directors and large holders.
- What is Form 4?The SEC filing that reports a change in an insider's holdings, such as a purchase, sale, option exercise or grant, generally within two business days.
- Form 4 explainedForm 4 is the SEC filing that discloses when officers, directors and 10% owners buy or sell company stock, due within 2 business days. Learn every key field and code.
- Insider trading trackerThe latest insider buys and sales across every stock.
- ZDGE financial statementsRevenue, profit, cash flow and balance sheet from Zedge Inc.'s SEC filings.
Quantisnow market dataAMEX
ZDGE
Zedge Inc.
- Market cap
- 30-day
- Sector
- Technology
- Industry
- Computer Software: Prepackaged Software
- Listed since
- 2016
Get push alerts for ZDGE
Full ZDGE profile on Quantisnow Follow ZDGE and get a push notification the moment its next story breaks.
Original source Picked up and delivered by Quantisnow in real time