SEC Form 4 · accession 0001209191-16-143439
ZYNGA INC · ZNGA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Gerard Griffin
Officer — Chief Financial Officer
Period of report
Sep 30, 2016
Accepted (ET)
Sep 30, 2016 · 8:51 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001439404
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2,F1,F3 | — | Sep 30, 2016 | A | 5,000,000 | A | — | Sep 30, 2026 | Class A Common Stock | 5,000,000 | 5,000,000 | D |
| Restricted Stock UnitF5,F4,F6 | — | Sep 30, 2016 | A | 1,500,000 | A | — | Sep 30, 2023 | Class A Common Stock | 1,500,000 | 1,500,000 | D |
Explanation of responses
- F1The exercise price of each stock option is the closing sales price of the Issuer's Class A common stock on October 15, 2016 (as quoted on the NASDAQ Stock Market).
- F2Pursuant to Mr. Griffin's offer letter with the Issuer, Mr. Griffin will receive stock options to purchase 5,000,000 shares of the Issuer's Class A common stock. The grant of these stock options will be effective on October 15, 2016.
- F320% of the stock options vest on October 15, 2017, with the balance of the stock options vesting as to 5% of the total stock options each three months thereafter, subject to continued service to the Issuer through each vesting date.
- F4Each restricted stock unit ("ZSU") represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon vest.
- F5Pursuant to Mr. Griffin's offer letter with the Issuer, Mr. Griffin will receive a grant of 1,500,000 ZSUs. The grant of these ZSUs will be effective on October 15, 2016.
- F620% of the ZSUs vest on October 15, 2017, with the balance of the ZSUs vesting as to 5% of the total ZSUs each three months thereafter, subject to continued service to the Issuer through each vesting date.