Form 4 for ZONE Zone Frontier Inc.
Accepted 2025-05-07 00:00:00 ET · period of report 2025-05-06 · accession 0001213900-25-040742 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-05-07 | 2025-05-06 | ZONE | Hollst Gary Gilbert | Chief Revenue Off | A - Grant | $0.00 | +7,903 | 93.3K | +9% | $0 |
| D | 2025-05-07 | 2025-05-06 | ZONE | Hollst Gary Gilbert | Chief Revenue Off | J - Other | $0.00 | -175.0K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class B Common Stock | 2025-05-06 | A | A | 7,903 | $0.00 | 93,319 | D | — | — | |
| 2 | Derivative | Stock Option | 2025-05-06 | J | D | 175,000 | $0.00 | 0 | D | $1.74 · — to 2028-02-20 | 175,000 Class B Common Stock | (F1) On February 21, 2023, the Reporting Person received a stock option for the purchase of 175,000 shares of class B common stock as partial compensation for the Reporting Person's services as Chief Revenue Officer of the Issuer, with 35,000 shares vesting on the issuance date and the remaining shares vesting each month for a period of 36 months. On January 1, 2025, the Reporting Person entered into a new employment agreement, pursuant to which the Reporting Person was also granted an award of 200,000 restricted stock units. It was the understanding of the parties that the stock option would be terminated at the time that the restricted stock units were granted, but such termination was not completed. Accordingly, on May 6, 2025, the parties entered into a letter agreement to terminate the stock option and the shares of class B common stock that have previously vested pursuant to the stock option. |