SEC Form 4 · accession 0001209191-16-127309
Zedge, Inc. · ZDGE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Reich
Officer — CFO & COO
Period of report
Jun 2, 2016
Accepted (ET)
Jun 13, 2016 · 3:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001667313
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class B Common Stock, par value $.01 per shareF1 | holding | — | — | — | 5,766 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $1.73 | Jun 2, 2016 | D | 181,616 | D | — | Oct 31, 2021 | Class B Common Stock | 181,616 | 0 | D |
| Employee Stock Option (right to buy)F2 | $1.73 | Jun 2, 2016 | A | 181,616 | A | — | May 31, 2016 | Class B Common Stock | 181,616 | 181,616 | D |
Explanation of responses
- F1Includes 2,176 shares due to Mr. Reich's ownership of IDT Class B Common Stock at the time of the spin-off.
- F2The two reported transactions involved an amendment of an outstanding option to extend the option expiration date, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on November 1, 2011, and is fully vested.