SEC Form 4 · accession 0001209191-15-033619
ZYNGA INC · ZNGA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Devang Shah
Officer — General Counsel, Sec. and VP
Period of report
Apr 8, 2015
Accepted (ET)
Apr 10, 2015 · 7:59 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001439404
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF2 | Apr 8, 2015 | S | 50,000 | $2.8798 | D | 135,975 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Unit (RSU)F3,F4 | — | Apr 8, 2015 | A | 500,000 | A | — | Apr 8, 2022 | Class A Common Stock | 500,000 | 500,000 | D |
Explanation of responses
- F1The sales reported were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on February 12, 2014 and amended on November 21, 2014.
- F2The reported price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.82 to $2.90 per share, 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 (2).
- F3Each restricted stock unit represents a contingent right to receive one (1) share of the issuer's Class A common stock upon vest.
- F4Vests as follows: the shares will commence vesting on April 15, 2015 and will vest in equal quarterly installments over a four year period beginning on July 15, 2015, subject to continued service to the Issuer through each vesting date.