SEC Form 4 · accession 0001209191-16-128890
Zedge, Inc. · ZDGE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Reich
Officer — President, CFO & COO
Period of report
Jun 20, 2016
Accepted (ET)
Jun 21, 2016 · 8:35 am 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 | J | 181,616 | D | — | May 31, 2026 | Class B Common Stock | 181,616 | 0 | D |
| Employee Stock Option (right to buy)F2 | $1.73 | Jun 2, 2016 | J | 181,616 | A | — | Oct 31, 2021 | 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.
- F2On June 2, 2016 the Compensation Committee of the Issuer extended the option expiration date of these options. On June 20, 2016, the option date expiration extension was rescinded by the Compensation Committee and the option will expire on its original expiration date of October 31, 2021. The option was originally granted on November 1, 2011, and is fully vested.