Filing Details
- Accession Number:
- 0001209191-21-041734
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-06-17 19:40:41
- Reporting Period:
- 2021-06-15
- Accepted Time:
- 2021-06-17 19:40:41
- 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 |
|---|---|---|---|---|---|---|---|
| 1676704 | Jin Bernard Kim | C/O Zynga Inc. 699 8Th Street San Francisco CA 94103 | President Of Publishing | 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 | 2021-06-15 | 125,000 | $0.00 | 1,071,393 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2021-06-15 | 63,516 | $10.15 | 1,007,877 | No | 4 | F | Direct | |
| Class A Common Stock | Acquisiton | 2021-06-15 | 21,788 | $0.00 | 1,029,665 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2021-06-15 | 11,071 | $10.15 | 1,018,594 | No | 4 | F | Direct | |
| Class A Common Stock | Acquisiton | 2021-06-15 | 10,432 | $0.00 | 1,029,026 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2021-06-15 | 5,301 | $10.15 | 1,023,725 | No | 4 | F | Direct | |
| Class A Common Stock | Acquisiton | 2021-06-15 | 6,260 | $0.00 | 1,029,985 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2021-06-15 | 3,181 | $10.15 | 1,026,804 | No | 4 | F | Direct | |
| Class A Common Stock | Disposition | 2021-06-16 | 24,000 | $10.20 | 1,002,804 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| 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 | 2021-06-15 | 125,000 | $0.00 | 125,000 | $0.00 |
| Class A Common Stock | Restricted Stock Unit | Disposition | 2021-06-15 | 21,788 | $0.00 | 21,788 | $0.00 |
| Class A Common Stock | Restricted Stock Unit | Disposition | 2021-06-15 | 10,432 | $0.00 | 10,432 | $0.00 |
| Class A Common Stock | Performance Stock Unit | Disposition | 2021-06-15 | 6,260 | $0.00 | 6,260 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2023-06-15 | No | 4 | M | Direct | |
| 152,514 | 2026-03-15 | No | 4 | M | Direct | |
| 114,752 | 2027-03-15 | No | 4 | M | Direct | |
| 68,851 | 2027-03-15 | No | 4 | M | Direct |
Footnotes
- Each restricted stock unit represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon vest.
- Represents shares sold to satisfy tax withholding obligations in connection with the vesting of the restricted stock units described in Table II.
- The transaction was effected pursuant to a Rule 10b5-1 plan adopted on 8/14/2020.
- The reported price is a weighted average price (rounded to the nearest cent). These shares were sold in multiple transactions at prices ranging from $10.03 to $10.37, 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.
- 20% of the shares subject to the award vested on June 15, 2017, and 5% of the restricted stock units vest quarterly thereafter, generally subject to continued service to the Issuer through each vesting date.
- 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.
- 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.
- Amounts represent the actual number of earned shares subject to the performance stock unit award, as determined by the Issuer's board ofdirectors.
- 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.
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