Phuong Y. Phillips - Jun 15, 2021 Form 4 Insider Report for ZYNGA INC (ZNGA)

Role: Chief Legal Officer
Signature: /s/ Matt Tolland, as attorney-in-fact for Phuong Y. Phillips
Stock symbol: ZNGA
Transactions as of: Jun 15, 2021
Transactions value $: -$183,472
Form type: 4
Date filed: 6/17/2021, 07:43 PM
Next filing: Jul 8, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ZNGA	Class A Common Stock	Options Exercise		+10.9K	+3.78%		299K	Jun 15, 2021	Direct	F1
transaction	ZNGA	Class A Common Stock	Tax liability	-$56.2K	-5.54K	-1.85%	$10.15	294K	Jun 15, 2021	Direct	F2
transaction	ZNGA	Class A Common Stock	Options Exercise		+9.27K	+3.16%		303K	Jun 15, 2021	Direct	F1
transaction	ZNGA	Class A Common Stock	Tax liability	-$47.8K	-4.71K	-1.56%	$10.15	298K	Jun 15, 2021	Direct	F2
transaction	ZNGA	Class A Common Stock	Options Exercise		+5.56K	+1.87%		304K	Jun 15, 2021	Direct	F1
transaction	ZNGA	Class A Common Stock	Tax liability	-$28.7K	-2.83K	-0.93%	$10.15	301K	Jun 15, 2021	Direct	F2
transaction	ZNGA	Class A Common Stock	Sale	-$50.7K	-4.96K	-1.65%	$10.23	296K	Jun 17, 2021	Direct	F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ZNGA	Restricted Stock Unit	Options Exercise	$0	-10.9K	-12.5%	$0.00	76.3K	Jun 15, 2021	Class A Common Stock	10.9K		Direct	F1, F5
transaction	ZNGA	Restricted Stock Unit	Options Exercise	$0	-9.27K	-8.33%	$0.00	102K	Jun 15, 2021	Class A Common Stock	9.27K		Direct	F1, F6
transaction	ZNGA	Performance Stock Unit	Options Exercise	$0	-5.56K	-8.33%	$0.00	61.2K	Jun 15, 2021	Class A Common Stock	5.56K		Direct	F1, F7, F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon vest.
F2	Represents shares sold to satisfy tax withholding obligations in connection with the vesting of the restricted stock units described in Table II.
F3	The transaction was effected pursuant to a Rule 10b5-1 plan adopted on 08/10/2020.
F4	The reported price is a weighted average price (rounded to the nearest cent). These shares were sold in multiple transactions at prices ranging from $10.2236 to $10.2312, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5	25% of the shares subject to the award vested on March 15, 2020, and 6.25% of the shares subject to the award vest quarterly thereafter, generally subject to continued service to the Issuer through each vesting date.
F6	25% of the shares subject to the award vested on March 15, 2021, and 6.25% of the shares subject to the award vest quarterly thereafter for a period of four years after the commencement date, generally subject to continued service to the Issuer through each vesting date.
F7	Amounts represent the actual number of earned shares subject to the performance stock unit award, as determined by the Issuer's board of directors.
F8	Each PSU represents a contingent right to receive a share of the Issuer's Class A common stock based upon the achievement of a specified financial metric (the Issuer's annual operating cash flow). Once the number of earned shares (if any) subject to the PSUs have been determined, 25% of the earned shares will vest on March 15, 2021, and 6.25% of the earned shares will vest quarterly thereafter, generally subject to the reporting person's continued service to the Issuer through each vesting date.