Zedge grants CEO Morris Berger 465,684 stock options
The options vest over five years, with initial vesting conditioned on a Plan amendment and continued service.
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Rhea-AI Filing Summary
Zedge, Inc. (ZDGE) CEO Morris Berger was granted 465,684 employee stock options on October 28, 2026, covering 465,684 shares of Class B Common Stock at an exercise price of $2.56 per share. The options vest and become exercisable ratably in 20 quarterly installments over five years, and expire October 27, 2036. The first vesting date is conditioned on approval of a Plan amendment being submitted at the 2027 Annual Meeting, currently scheduled for January 14, 2027; Morris Berger must also remain in Continuous Service through the applicable vesting dates.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) F1 | 465,684 | $0.00 | $0.00 |
Footnotes (1)
- F1. The Options shall vest ratably and become exercisable in twenty (20) quarterly installments over a period of five (5) years, on quarterly anniversaries of October 1, 2026, provided that the first vesting date shall only occur after approval of an amendment to the Plan (being submitted at the 2027 Annual Meeting of Stockholders of the Company currently scheduled for January 14, 2027) adding shares eligible to be granted thereunder, and provided further that the Reporting Person remains in Continuous Service through and on such date or dates.
Key Figures
Key Terms
Employee Stock Option (right to buy) financial
vest ratably financial
Continuous Service technical
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