Frank D. Gibeau - 15 Dec 2021 Form 4 Insider Report for ZYNGA INC

Signature
/s/ Matt Tolland, as attorney-in-fact for Frank D. Gibeau
Issuer symbol
N/A
Transactions as of
15 Dec 2021
Net transactions value
-$551,824
Form type
4
Filing time
17 Dec 2021, 17:04:21 UTC
Previous filing
19 Oct 2021
Next filing
19 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZNGA Class A Common Stock Options Exercise +54,470 +23% 295,786 15 Dec 2021 Direct F1
transaction ZNGA Class A Common Stock Tax liability $171,739 -27,347 -9.2% $6.28 268,439 15 Dec 2021 Direct F2
transaction ZNGA Class A Common Stock Options Exercise +23,182 +8.6% 291,621 15 Dec 2021 Direct F1
transaction ZNGA Class A Common Stock Tax liability $73,093 -11,639 -4% $6.28 279,982 15 Dec 2021 Direct F2
transaction ZNGA Class A Common Stock Options Exercise +13,910 +5% 293,892 15 Dec 2021 Direct F1
transaction ZNGA Class A Common Stock Tax liability $43,860 -6,984 -2.4% $6.28 286,908 15 Dec 2021 Direct F2
transaction ZNGA Class A Common Stock Options Exercise +83,457 +29% 370,365 15 Dec 2021 Direct F1
transaction ZNGA Class A Common Stock Tax liability $263,132 -41,900 -11% $6.28 328,465 15 Dec 2021 Direct F2
holding ZNGA Class A Common Stock 1,056,937 15 Dec 2021 By Trust F3

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 -54,470 -17% $0.000000 272,347 15 Dec 2021 Class A Common Stock 54,470 Direct F1, F4
transaction ZNGA Restricted Stock Unit Options Exercise $0 -23,182 -10% $0.000000 208,642 15 Dec 2021 Class A Common Stock 23,182 Direct F1, F5
transaction ZNGA Performance Stock Unit Options Exercise $0 -13,910 -10% $0.000000 125,184 15 Dec 2021 Class A Common Stock 13,910 Direct F1, F6, F7
transaction ZNGA Restricted Stock Unit Options Exercise $0 -83,457 -5.6% $0.000000 1,418,768 15 Dec 2021 Class A Common Stock 83,457 Direct F1, F8
* 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 Shares held directly by Frank Donald Gibeau Trust U/A DTD 12/13/2019. Mr. Gibeau serves as trustee and holds voting and dispositive power with respect to these shares.
F4 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.
F5 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.
F6 Amounts represent the actual number of earned shares subject to the performance stock award, as determined by the Issuer's board of directors.
F7 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.
F8 5% of the shares subject to the award vested on June 15, 2021, and 5% of the shares subject to the award vest quarterly thereafter for a period of five years after the commencement date, generally subject to continued service to the Issuer through each vesting date.