If these are pictures of your existing collar, then someone has already replaced it with the pre-1975 version, which is great in this situation!
This collar will work OK with your new 2-zerk bolt, just be sure to clean the old grease out of the pass-thru holes before reassembling. The old grease can create a nasty plug that won't let the new grease in from below the bearing surface.
All of the bushings are interchangeable size-wise, and the older style holes-and-grooves collars (like in your pictures) will work with ALL years and models of the SOHC4s. Take a look at the pix I posted and you will see the "new" style collars had neither grease holes nor grooves: what they do have is this: the inside bearing surface (toward the center of the collar, between there and the recessed groove in the midst of the bearing area) is smaller diameter than the outer half of the surface, by about .001". This was supposed to let the grease from the center of the arm squeeze its way toward the middle groove: in practice I have rarely seen it work, though.
There is just one drawback to using flanged bushings with the "old" style hole-and-grooves collar: when you grease it, the grease will easily work its way through, showing when it is full, BUT...this same passageway allows water from the high-pressure carwashes to push its way back inside, too. So, grease often, being mindful of the last time you carwashed it, and maybe with a mind toward greasing soon after washes to push that water back out before it rusts the collar.
If you "convert" to the older setup, it includes non-flanged (i.e., "plain") bushings, with a wool washer that soaks up grease and makes a decent water seal, and phenolic end caps that do a good job of centering the arm while holding those washers in place inside. This arrangement does require that the grease come from the inside bolt, however. So, you should be in good shape now.