Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. United States
  4. Nyse
  5. Zedge, Inc.
  6. News
  7. Summary
    ZDGE   US98923T1043


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

ZEDGE, INC. : Change in Directors or Principal Officers (form 8-K)

09/10/2021 | 08:02am EDT

Item 5.02. Departure of Directors or Certain Officers; Election of Directors;

           Appointment of Certain Officers; Compensatory Arrangements of Certain

(e) On September 7, 2021, Zedge, Inc. (the "Company") granted Deferred Stock Units ("DSUs") to, among others, Michael Jonas, its Executive Chairman (29,000 DSUs), Jonathan Reich, its Chief Executive Officer (58,000 DSUs), and Yi Tsai, its Chief Financial Officer (24,000 DSUs). The DSU grants were approved by the Compensation Committee of the Board of Directors and were part of a larger grant to Company employees for a total of up to 288,951 DSUs. Each DSU represents the right to receive one share of the Company's Class B common stock.

Vesting of 70% of the DSUs will be on the following dates in the following amounts, subject to the grantee's continued employment and only if the aggregate market capitalization of the Company'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 25% eligible to vest in 2022 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. In the event that the market capitalization condition has not been met by September 7, 2024, 70% of the DSUs shall expire.

Vesting of the remaining 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, subject to the grantee's continued employment by the Company.


© Edgar Online, source Glimpses

All news about ZEDGE, INC.
10/13ZEDGE : to Report Fiscal Fourth Quarter and Full Year 2021 Results
09/20ZEDGE, INC.(NYSEAM : ZDGE) added to S&P Global BMI Index
09/10ZEDGE, INC. : Change in Directors or Principal Officers (form 8-K)
08/06ZEDGE, INC. : Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K)
08/03ZEDGE : Acquires Emojipedia for Undisclosed Sum
08/03ZEDGE : Acquires Emojipedia, the Leading Authority on Emojis
08/03Zedge, Inc. acquired substantially all assets of Emojipedia Pty Ltd. for $7 million.
07/08ZEDGE : Surpasses 500 Million Organic Installs
06/15ZEDGE : Banksy's Graffiti Wallpapers Now Available in Zedge Premium's Marketplace
06/14ZEDGE : Management's Discussion and Analysis of Financial Condition and Results of Operati..
More news
Analyst Recommendations on ZEDGE, INC.
More recommendations
Financials (USD)
Sales 2021 18,9 M - -
Net income 2021 6,26 M - -
Net Debt 2021 - - -
P/E ratio 2021 30,2x
Yield 2021 -
Capitalization 193 M 193 M -
Capi. / Sales 2021 10,2x
Capi. / Sales 2022 8,49x
Nbr of Employees 52
Free-Float 82,2%
Duration : Period :
Zedge, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ZEDGE, INC.
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 1
Last Close Price 13,60 $
Average target price 27,00 $
Spread / Average Target 98,5%
EPS Revisions
Managers and Directors
Jonathan Reich President & Chief Executive Officer
Yi Tsai Chief Financial Officer & Treasurer
Michael C. Jonas Executive Chairman
Mark Ghermezian Lead Independent Director
Elliot Gibber Independent Director
Sector and Competitors
1st jan.Capi. (M$)
ZEDGE, INC.125.17%193
SNAP INC.8.85%87 734
ANGI INC.-3.07%6 449
GRUBHUB INC.-19.36%5 591
PERFECT WORLD CO., LTD.-47.59%4 847
KAKAO GAMES CORP.60.22%4 706