Phuong Y. Phillips - 15 Sep 2021 Form 4 Insider Report for ZYNGA INC

Role: Chief Legal Officer
Signature: /s/ Matt Tolland, as attorney-in-fact for Phuong Y. Phillips
Issuer symbol: N/A
Transactions as of: 15 Sep 2021
Net transactions value: -$102,708
Form type: 4
Filing time: 17 Sep 2021, 18:26:01 UTC
Previous filing: 19 Jul 2021
Next filing: 19 Oct 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ZNGA	Class A Common Stock	Options Exercise		+10,894	+3.5%		317,799	15 Sep 2021	Direct	F1
transaction	ZNGA	Class A Common Stock	Tax liability	$43,482	-5,504	-1.7%	$7.90	312,295	15 Sep 2021	Direct	F2
transaction	ZNGA	Class A Common Stock	Options Exercise		+9,273	+3%		321,568	15 Sep 2021	Direct	F1
transaction	ZNGA	Class A Common Stock	Tax liability	$37,012	-4,685	-1.5%	$7.90	316,883	15 Sep 2021	Direct	F2
transaction	ZNGA	Class A Common Stock	Options Exercise		+5,565	+1.8%		322,448	15 Sep 2021	Direct	F1
transaction	ZNGA	Class A Common Stock	Tax liability	$22,215	-2,812	-0.87%	$7.90	319,636	15 Sep 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	-10,894	-14%	$0.000000	65,363	15 Sep 2021	Class A Common Stock	10,894		Direct	F1, F3
transaction	ZNGA	Restricted Stock Unit	Options Exercise	$0	-9,273	-9.1%	$0.000000	92,729	15 Sep 2021	Class A Common Stock	9,273		Direct	F1, F4
transaction	ZNGA	Performance Stock Unit	Options Exercise	$0	-5,565	-9.1%	$0.000000	55,636	15 Sep 2021	Class A Common Stock	5,565		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.