Frank D. Gibeau - 15 Mar 2022 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 Mar 2022
Net transactions value
-$1,326,140
Form type
4
Filing time
17 Mar 2022, 19:09:35 UTC
Previous filing
17 Feb 2022
Next filing
05 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZNGA Class A Common Stock Options Exercise +54,469 +15% 429,939 15 Mar 2022 Direct F1
transaction ZNGA Class A Common Stock Tax liability $243,353 -27,591 -6.4% $8.82 402,797 15 Mar 2022 Direct F2
transaction ZNGA Class A Common Stock Options Exercise +23,183 +5.8% 425,980 15 Mar 2022 Direct F1
transaction ZNGA Class A Common Stock Tax liability $101,897 -11,553 -2.7% $8.82 414,427 15 Mar 2022 Direct F2
transaction ZNGA Class A Common Stock Options Exercise +83,457 +20% 497,884 15 Mar 2022 Direct F1
transaction ZNGA Class A Common Stock Tax liability $366,797 -41,587 -8.4% $8.82 456,297 15 Mar 2022 Direct F2
transaction ZNGA Class A Common Stock Options Exercise +13,910 +3% 470,207 15 Mar 2022 Direct F1
transaction ZNGA Class A Common Stock Tax liability $61,140 -6,932 -1.5% $8.82 463,275 15 Mar 2022 Direct F2
transaction ZNGA Class A Common Stock Options Exercise +62,843 +14% 526,118 15 Mar 2022 Direct F1
transaction ZNGA Class A Common Stock Tax liability $276,198 -31,315 -6% $8.82 494,803 15 Mar 2022 Direct F3
transaction ZNGA Class A Common Stock Options Exercise +62,969 +13% 557,772 15 Mar 2022 Direct F1
transaction ZNGA Class A Common Stock Tax liability $276,754 -31,378 -5.6% $8.82 526,394 15 Mar 2022 Direct F3
holding ZNGA Class A Common Stock 1,056,937 15 Mar 2022 By Trust F4

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 -54,469 -20% $0.000000 217,878 15 Mar 2022 Class A Common Stock 54,469 Direct F1, F5
transaction ZNGA Restricted Stock Unit Options Exercise $0 -23,183 -11% $0.000000 185,459 15 Mar 2022 Class A Common Stock 23,183 Direct F1, F6
transaction ZNGA Restricted Stock Unit Options Exercise $0 -83,457 -5.9% $0.000000 1,335,311 15 Mar 2022 Class A Common Stock 83,457 Direct F1, F7
transaction ZNGA Performance Stock Unit Options Exercise $0 -13,910 -11% $0.000000 111,274 15 Mar 2022 Class A Common Stock 13,910 Direct F1, F8
transaction ZNGA Restricted Stock Unit Options Exercise $0 -62,843 -25% $0.000000 188,528 15 Mar 2022 Class A Common Stock 62,843 Direct F1, F9
transaction ZNGA Performance Stock Unit Options Exercise $0 -62,969 -25% $0.000000 188,904 15 Mar 2022 Class A Common Stock 62,969 Direct F1, F10, F11
* 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 Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of the restricted stock units described in Table II.
F4 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.
F5 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.
F6 25% of the shares subject to the award will vest 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.
F7 5% of the shares subject to the award will vest on June 15, 2021, and 5% of the shares subject to the award vest quarterly thereafter, generally subject to continued service to the Issuer through each vesting date.
F8 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.
F9 25% of the shares subject to the award vested on March 15, 2022, 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
F10 Amounts represent the actual number of earned shares subject to the performance stock award, as determined by the Issuer's board of directors.
F11 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, 2022, 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. The number of shares reported herein is a target number, and the actual number of shares issuable pursuant to the PSU will range from 0-150% of the number of target shares.