Phuong Y. Phillips - Mar 15, 2022 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
Mar 15, 2022
Transactions value $
-$439,977
Form type
4
Date filed
3/17/2022, 07:16 PM
Previous filing
Feb 17, 2022
Next filing
Apr 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 +2.98% 376K Mar 15, 2022 Direct F1
transaction ZNGA Class A Common Stock Tax liability -$48K -5.44K -1.45% $8.82 371K Mar 15, 2022 Direct F2
transaction ZNGA Class A Common Stock Options Exercise +9.27K +2.5% 380K Mar 15, 2022 Direct F1
transaction ZNGA Class A Common Stock Tax liability -$40.8K -4.62K -1.22% $8.82 375K Mar 15, 2022 Direct F2
transaction ZNGA Class A Common Stock Options Exercise +5.56K +1.48% 381K Mar 15, 2022 Direct F1
transaction ZNGA Class A Common Stock Tax liability -$24.5K -2.77K -0.73% $8.82 378K Mar 15, 2022 Direct F2
transaction ZNGA Class A Common Stock Options Exercise +37.1K +9.82% 415K Mar 15, 2022 Direct F3
transaction ZNGA Class A Common Stock Tax liability -$163K -18.5K -4.46% $8.82 397K Mar 15, 2022 Direct F2
transaction ZNGA Class A Common Stock Options Exercise +37.2K +9.38% 434K Mar 15, 2022 Direct F1
transaction ZNGA Class A Common Stock Tax liability -$164K -18.5K -4.27% $8.82 415K Mar 15, 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 -10.9K -20% $0.00 43.6K Mar 15, 2022 Class A Common Stock 10.9K Direct F1, F4
transaction ZNGA Restricted Stock Unit Options Exercise $0 -9.27K -11.11% $0.00 74.2K Mar 15, 2022 Class A Common Stock 9.27K Direct F1, F5
transaction ZNGA Performance Stock Unit Options Exercise $0 -5.56K -11.11% $0.00 44.5K Mar 15, 2022 Class A Common Stock 5.56K Direct F1, F6
transaction ZNGA Restricted Stock Unit Options Exercise $0 -37.1K -25% $0.00 111K Mar 15, 2022 Class A Common Stock 37.1K Direct F1, F7
transaction ZNGA Performance Stock Unit Options Exercise $0 -37.2K -25% $0.00 112K Mar 15, 2022 Class A Common Stock 37.2K Direct F1, F8, F9
transaction ZNGA Restricted Stock Unit Award $0 +150K $0.00 150K Mar 15, 2022 Class A Common Stock 150K Direct F1, F10
transaction ZNGA Performance Stock Unit Award $0 +150K $0.00 150K Mar 15, 2022 Class A Common Stock 150K 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.