Phuong Y. Phillips - Jul 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: Jul 15, 2021
Transactions value $: -$410,112
Form type: 4
Date filed: 7/19/2021, 05:54 PM
Previous filing: Jul 8, 2021
Next filing: Sep 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ZNGA	Class A Common Stock	Options Exercise		+46.9K	+15.97%		340K	Jul 15, 2021	Direct	F1
transaction	ZNGA	Class A Common Stock	Tax liability	-$240K	-23.4K	-6.86%	$10.27	317K	Jul 15, 2021	Direct	F2
transaction	ZNGA	Class A Common Stock	Options Exercise		+6.41K	+2.02%		323K	Jul 15, 2021	Direct	F1
transaction	ZNGA	Class A Common Stock	Tax liability	-$32.8K	-3.2K	-0.99%	$10.27	320K	Jul 15, 2021	Direct	F2
transaction	ZNGA	Class A Common Stock	Sale	-$137K	-13.4K	-4.17%	$10.28	307K	Jul 19, 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	-46.9K	-50%	$0.00	46.9K	Jul 15, 2021	Class A Common Stock	46.9K		Direct	F1, F5
transaction	ZNGA	Restricted Stock Unit	Options Exercise	$0	-6.41K	-25%	$0.00	19.2K	Jul 15, 2021	Class A Common Stock	6.41K		Direct	F1, F6

* 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 $10.18 to $10.47, 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	Vests as follows: 25% of the restricted stock units vested on October 15, 2018, and 6.25% of the restricted stock units vest quarterly thereafter, subject to continued service to the Issuer through each vesting date.
F6	Vests as follows: 25% of the shares subject to the award vested on April 15, 2019, and 6.25% of the shares subject to the award vest quarterly thereafter, subject to continued service to the Issuer through each vesting date.