Frank D. Gibeau - Apr 1, 2022 Form 4 Insider Report for ZYNGA INC (ZNGA)

Signature
/s/ Matt Tolland, as attorney-in-fact for Frank D. Gibeau
Stock symbol
ZNGA
Transactions as of
Apr 1, 2022
Transactions value $
$0
Form type
4
Date filed
4/5/2022, 05:13 PM
Previous filing
Mar 17, 2022
Next filing
Apr 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ZNGA Class A Common Stock 3.07K Apr 1, 2022 Direct
holding ZNGA Class A Common Stock 1.66M Apr 1, 2022 By Trust F1

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 Award $0 +305K $0.00 305K Apr 1, 2022 Class A Common Stock 305K Direct F2, F3
transaction ZNGA Performance Stock Unit Award $0 +305K $0.00 305K Apr 1, 2022 Class A Common Stock 305K Direct F2, F4
transaction ZNGA Performance Stock Unit Award $0 +221K $0.00 221K Apr 1, 2022 Class A Common Stock 221K Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Each restricted stock unit represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon vest.
F3 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.
F4 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.
F5 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 (based on the Issuer's annual bookings and adjusted EBITDA). 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.