Ellen F. Siminoff - Aug 16, 2021 Form 4 Insider Report for ZYNGA INC (ZNGA)

Role
Director
Signature
/s/ Matt Tolland, as attorney-in-fact for Ellen F. Siminoff
Stock symbol
ZNGA
Transactions as of
Aug 16, 2021
Transactions value $
-$40,900
Form type
4
Date filed
8/18/2021, 06:18 PM
Previous filing
Jul 28, 2021
Next filing
Aug 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZNGA Class A Common Stock Sale -$40.9K -5K -4.42% $8.18 108K Aug 16, 2021 By the D&E Living Trust F1, F2, F3
transaction ZNGA Class A Common Stock Options Exercise $0 +5.55K +29.73% $0.00 24.2K Aug 17, 2021 Direct F4
holding ZNGA Class A Common Stock 91.6K Aug 16, 2021 By the EFS 2020 Irrevocable Trust F5

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 +5.55K +50% $0.00 16.6K Aug 17, 2021 Class A Common Stock 5.55K Direct F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction was effected pursuant to a Rule 10b5-1 plan adopted on 08/10/2020.
F2 The reported price in column 4 is a weighted average price (rounded to the nearest cent). These shares were sold in multiple transactions at prices ranging from $8.08 to $8.31, 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.
F3 Shares held directly by the D&E Living Trust. The Reporting Person and David Siminoff serve as co-trustees and retain voting and dispositive power with respect to the shares held by the D&E Living Trust.
F4 Each restricted stock unit represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon vest.
F5 Shares held directly by the EFS 2020 Irrevocable Trust. The Reporting Person serves as trustee and holds voting and dispositive power with respect to these shares.
F6 Vests as follows: 25% of the restricted stock units vest on each of August 17, 2021, November 17, 2021, and February 17, 2022, and 25% of the restricted stock units vest on the earlier of May 17, 2022 or the date of the Issuer's next annual meeting, subject to continued service to the Issuer through each vesting date.