Jeffrey M. Ryan - Mar 15, 2022 Form 4 Insider Report for ZYNGA INC (ZNGA)

Signature
/s/ Matt Tolland, as attorney-in-fact for Jeffrey M. Ryan
Stock symbol
ZNGA
Transactions as of
Mar 15, 2022
Transactions value $
-$275,202
Form type
4
Date filed
3/17/2022, 07:19 PM
Previous filing
Jan 19, 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 +8.72K +16.38% 61.9K Mar 15, 2022 Direct F1
transaction ZNGA Class A Common Stock Tax liability -$26K -2.94K -4.75% $8.82 59K Mar 15, 2022 Direct F2
transaction ZNGA Class A Common Stock Options Exercise +7.42K +12.58% 66.4K Mar 15, 2022 Direct F1
transaction ZNGA Class A Common Stock Tax liability -$21.8K -2.47K -3.72% $8.82 63.9K Mar 15, 2022 Direct F2
transaction ZNGA Class A Common Stock Options Exercise +4.45K +6.96% 68.4K Mar 15, 2022 Direct F1
transaction ZNGA Class A Common Stock Tax liability -$13.1K -1.48K -2.17% $8.82 66.9K Mar 15, 2022 Direct F2
transaction ZNGA Class A Common Stock Options Exercise +34.3K +51.23% 101K Mar 15, 2022 Direct F1
transaction ZNGA Class A Common Stock Tax liability -$96.1K -10.9K -10.77% $8.82 90.3K Mar 15, 2022 Direct F2
transaction ZNGA Class A Common Stock Options Exercise +34.3K +38.04% 125K Mar 15, 2022 Direct F1
transaction ZNGA Class A Common Stock Tax liability -$118K -13.4K -10.76% $8.82 111K 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 -8.72K -20% $0.00 34.9K Mar 15, 2022 Class A Common Stock 8.72K Direct F1, F3
transaction ZNGA Restricted Stock Unit Options Exercise $0 -7.42K -11.11% $0.00 59.3K Mar 15, 2022 Class A Common Stock 7.42K Direct F1, F4
transaction ZNGA Performance Stock Unit Options Exercise $0 -4.45K -11.11% $0.00 35.6K Mar 15, 2022 Class A Common Stock 4.45K Direct F1, F5, F6
transaction ZNGA Restricted Stock Unit Options Exercise $0 -34.3K -25% $0.00 103K Mar 15, 2022 Class A Common Stock 34.3K Direct F1, F7
transaction ZNGA Performance Stock Unit Options Exercise $0 -34.3K -25% $0.00 103K Mar 15, 2022 Class A Common Stock 34.3K Direct F1, F5, F8
transaction ZNGA Restricted Stock Unit Award $0 +138K $0.00 138K Mar 15, 2022 Class A Common Stock 138K Direct F1, F9
transaction ZNGA Performance Stock Unit Award $0 +138K $0.00 138K Mar 15, 2022 Class A Common Stock 138K Direct F1, F10
* 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.
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 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.
F9 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, generally subject to continued service to the Issuer through each vesting date.
F10 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.