Filing Details

Accession Number:
0001209191-20-019824
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-03-17 20:14:18
Reporting Period:
2020-03-15
Accepted Time:
2020-03-17 20:14:18
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1439404 Zynga Inc ZNGA Services-Computer Processing & Data Preparation (7374) 421733483
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1717499 Y. Phuong Phillips C/O Zynga Inc.
699 8Th Street
San Francisco CA 94103
Chief Legal Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2020-03-15 43,576 $0.00 259,819 No 4 M Direct
Class A Common Stock Disposition 2020-03-15 21,605 $6.55 238,214 No 4 F Direct
Class A Common Stock Disposition 2020-03-17 12,084 $6.13 226,130 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Restricted Stock Unit Disposition 2020-03-15 43,576 $0.00 43,576 $0.00
Class A Common Stock Performance Stock Unit Acquisiton 2020-03-15 74,183 $0.00 74,183 $0.00
Class A Common Stock Restricted Stock Unit Acquisiton 2020-03-15 148,367 $0.00 148,367 $0.00
Class A Common Stock Stock Option (Right to Buy) Acquisiton 2020-03-15 212,765 $0.00 212,765 $6.55
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
130,726 2026-03-15 No 4 M Direct
74,183 2027-03-15 No 4 A Direct
148,367 2027-03-15 No 4 A Direct
212,765 2030-03-15 No 4 A Direct
Footnotes
  1. Each restricted stock unit represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon vest.
  2. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of the restricted stock units described in Table II.
  3. The transaction was effected pursuant to a Rule 10b5-1 plan adopted on 08/23/2019.
  4. The reported price is a weighted average price (rounded to the nearest cent). These shares were sold in multiple transactions at prices ranging from $6.00 to $6.50, 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.
  5. 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.
  6. 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. The number of shares reported herein is a target number, and the actual number of shares issuable pursuant to the PSU will range from 0-120% of the number of target shares.
  7. 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.
  8. The exercise price of each stock option is the closing sales price of the Issuer's Class A common stock on the NASDAQ Stock Market on March 13, 2020 (the most recent prior trading day prior to the time of grant).