Jeffrey M. Ryan - Jun 15, 2021 Form 4 Insider Report for ZYNGA INC (ZNGA)

Role
Chief People Officer
Signature
/s/ Matt Tolland, as attorney-in-fact for Jeffrey M. Ryan
Stock symbol
ZNGA
Transactions as of
Jun 15, 2021
Transactions value $
-$570,681
Form type
4
Date filed
6/17/2021, 07:45 PM
Next filing
Jul 6, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZNGA Class A Common Stock Options Exercise +56.3K +503% 67.4K Jun 15, 2021 Direct F1
transaction ZNGA Class A Common Stock Tax liability -$290K -28.6K -42.39% $10.15 38.9K Jun 15, 2021 Direct F2
transaction ZNGA Class A Common Stock Options Exercise +8.72K +22.43% 47.6K Jun 15, 2021 Direct F1
transaction ZNGA Class A Common Stock Tax liability -$45K -4.43K -9.31% $10.15 43.1K Jun 15, 2021 Direct F2
transaction ZNGA Class A Common Stock Options Exercise +7.42K +17.2% 50.6K Jun 15, 2021 Direct F1
transaction ZNGA Class A Common Stock Tax liability -$38.3K -3.77K -7.46% $10.15 46.8K Jun 15, 2021 Direct F2
transaction ZNGA Class A Common Stock Options Exercise +4.45K +9.51% 51.2K Jun 15, 2021 Direct F1
transaction ZNGA Class A Common Stock Tax liability -$23K -2.26K -4.41% $10.15 49K Jun 15, 2021 Direct F2
transaction ZNGA Class A Common Stock Sale -$174K -17.1K -34.84% $10.22 31.9K 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 -56.3K -33.33% $0.00 113K Jun 15, 2021 Class A Common Stock 56.3K Direct F1, F5
transaction ZNGA Restricted Stock Unit Options Exercise $0 -8.72K -12.5% $0.00 61K Jun 15, 2021 Class A Common Stock 8.72K Direct F1, F6
transaction ZNGA Restricted Stock Unit Options Exercise $0 -7.42K -8.33% $0.00 81.6K Jun 15, 2021 Class A Common Stock 7.42K Direct F1, F7
transaction ZNGA Performance Stock Unit Options Exercise $0 -4.45K -8.33% $0.00 49K Jun 15, 2021 Class A Common Stock 4.45K Direct F1, F8, F9
* 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 08/18/2020.
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 $10.19 to $10.25, 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 December 15, 2018, 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, 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.
F7 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.
F8 Amounts represent the actual number of earned shares subject to the performance stock unit award, as determined by the Issuer's board of directors.
F9 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.