Phuong Y. Phillips - 15 Mar 2022 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 Mar 2022
Net transactions value
-$439,977
Form type
4
Filing time
17 Mar 2022, 19:16:15 UTC
Previous filing
17 Feb 2022
Next filing
19 Apr 2022
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% 375,976 15 Mar 2022 Direct F1
transaction ZNGA Class A Common Stock Tax liability $47,990 -5,441 -1.4% $8.82 370,535 15 Mar 2022 Direct F2
transaction ZNGA Class A Common Stock Options Exercise +9,273 +2.5% 379,808 15 Mar 2022 Direct F1
transaction ZNGA Class A Common Stock Tax liability $40,766 -4,622 -1.2% $8.82 375,186 15 Mar 2022 Direct F2
transaction ZNGA Class A Common Stock Options Exercise +5,564 +1.5% 380,750 15 Mar 2022 Direct F1
transaction ZNGA Class A Common Stock Tax liability $24,467 -2,774 -0.73% $8.82 377,976 15 Mar 2022 Direct F2
transaction ZNGA Class A Common Stock Options Exercise +37,135 +9.8% 415,111 15 Mar 2022 Direct F3
transaction ZNGA Class A Common Stock Tax liability $163,214 -18,505 -4.5% $8.82 396,606 15 Mar 2022 Direct F2
transaction ZNGA Class A Common Stock Options Exercise +37,210 +9.4% 433,816 15 Mar 2022 Direct F1
transaction ZNGA Class A Common Stock Tax liability $163,540 -18,542 -4.3% $8.82 415,274 15 Mar 2022 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 -20% $0.000000 43,575 15 Mar 2022 Class A Common Stock 10,894 Direct F1, F4
transaction ZNGA Restricted Stock Unit Options Exercise $0 -9,273 -11% $0.000000 74,183 15 Mar 2022 Class A Common Stock 9,273 Direct F1, F5
transaction ZNGA Performance Stock Unit Options Exercise $0 -5,564 -11% $0.000000 44,508 15 Mar 2022 Class A Common Stock 5,564 Direct F1, F6
transaction ZNGA Restricted Stock Unit Options Exercise $0 -37,135 -25% $0.000000 111,402 15 Mar 2022 Class A Common Stock 37,135 Direct F1, F7
transaction ZNGA Performance Stock Unit Options Exercise $0 -37,210 -25% $0.000000 111,624 15 Mar 2022 Class A Common Stock 37,210 Direct F1, F8, F9
transaction ZNGA Restricted Stock Unit Award $0 +149,501 $0.000000 149,501 15 Mar 2022 Class A Common Stock 149,501 Direct F1, F10
transaction ZNGA Performance Stock Unit Award $0 +149,501 $0.000000 149,501 15 Mar 2022 Class A Common Stock 149,501 Direct F1, 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 The reported price is a weighted average price (rounded to the nearest cent). These shares were sold in multiple transactions at prices ranging from $10.00 to $10.011, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
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 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.
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.
F7 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.
F8 Amounts represent the actual number of earned shares subject to the performance stock unit award, as determined by the Issuer's board of directors.
F9 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.
F10 6.25% of the shares subject to the award will vest on June 15, 2022, and 6.25% of the shares subject to the award vest quarterly thereafter, subject to continued service to the Issuer through each vesting date.
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, 2023, 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.