Hi Ron, you're right that this is a little ambiguous. While there are a number of other upgrades available for HyperDeck Shuttle 1 owners, including timecode and SDI triggering, the free format upgrade is for people who own HyperDeck Shuttle 2.
We'll edit the article to reflect that.
Tim Wilson
Associate Publisher, Editor-in-Chief
Creative COW Magazine
Twitter: timdoubleyou