Matthew S. Bromberg - Sep 15, 2021 Form 4 Insider Report for ZYNGA INC (ZNGA)

Signature
/s/ Matt Tolland, attorney-in-fact for Matthew S. Bromberg
Stock symbol
ZNGA
Transactions as of
Sep 15, 2021
Transactions value $
-$153,576
Form type
4
Date filed
9/17/2021, 06:25 PM
Previous filing
Aug 17, 2021
Next filing
Oct 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZNGA Class A Common Stock Options Exercise +21.8K +2.23% 999K Sep 15, 2021 Direct F1
transaction ZNGA Class A Common Stock Tax liability -$87K -11K -1.1% $7.90 988K Sep 15, 2021 Direct F2
transaction ZNGA Class A Common Stock Options Exercise +10.4K +1.06% 998K Sep 15, 2021 Direct F1
transaction ZNGA Class A Common Stock Tax liability -$41.6K -5.27K -0.53% $7.90 993K Sep 15, 2021 Direct F2
transaction ZNGA Class A Common Stock Options Exercise +6.26K +0.63% 999K Sep 15, 2021 Direct F1
transaction ZNGA Class A Common Stock Tax liability -$25K -3.16K -0.32% $7.90 996K Sep 15, 2021 Direct F2

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 -21.8K -14.29% $0.00 131K Sep 15, 2021 Class A Common Stock 21.8K Direct F1, F3
transaction ZNGA Restricted Stock Unit Options Exercise $0 -10.4K -9.09% $0.00 104K Sep 15, 2021 Class A Common Stock 10.4K Direct F1, F4
transaction ZNGA Performance Stock Unit Options Exercise $0 -6.26K -9.09% $0.00 62.6K Sep 15, 2021 Class A Common Stock 6.26K Direct F1, F5, 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 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.
F4 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.
F5 Amounts represent the actual number of earned shares subject to the performance stock unit award, as determined by the Issuer's board of directors.
F6 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.