Phuong Y. Phillips - Dec 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: Dec 15, 2021
Transactions value $: -$81,138
Form type: 4
Date filed: 12/17/2021, 05:07 PM
Previous filing: Oct 19, 2021
Next filing: Jan 19, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ZNGA	Class A Common Stock	Options Exercise		+10.9K	+3.15%		357K	Dec 15, 2021	Direct	F1
transaction	ZNGA	Class A Common Stock	Tax liability	-$34.4K	-5.47K	-1.53%	$6.28	352K	Dec 15, 2021	Direct	F2
transaction	ZNGA	Class A Common Stock	Options Exercise		+9.27K	+2.64%		361K	Dec 15, 2021	Direct	F1
transaction	ZNGA	Class A Common Stock	Tax liability	-$29.2K	-4.66K	-1.29%	$6.28	356K	Dec 15, 2021	Direct	F2
transaction	ZNGA	Class A Common Stock	Options Exercise		+5.56K	+1.56%		362K	Dec 15, 2021	Direct	F1
transaction	ZNGA	Class A Common Stock	Tax liability	-$17.5K	-2.79K	-0.77%	$6.28	359K	Dec 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	-10.9K	-16.67%	$0.00	54.5K	Dec 15, 2021	Class A Common Stock	10.9K		Direct	F1, F3
transaction	ZNGA	Restricted Stock Unit	Options Exercise	$0	-9.27K	-10%	$0.00	83.5K	Dec 15, 2021	Class A Common Stock	9.27K		Direct	F1, F4
transaction	ZNGA	Performance Stock Unit	Options Exercise	$0	-5.56K	-10%	$0.00	50.1K	Dec 15, 2021	Class A Common Stock	5.56K		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.