SEC Form 4 · accession 0001209191-17-021508

ZYNGA INC · ZNGA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Executive Officer · Director

Period of report

Mar 15, 2017

Accepted (ET)

Mar 17, 2017 · 5:35 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 Stock^F1	Mar 15, 2017	M	404,929	—	A	1,115,834	D
Class A Common Stock^F2	Mar 16, 2017	S	167,440	$2.73	D	948,394	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Unit^F1,F3	—	Mar 15, 2017	M	404,929	D	—	Feb 28, 2023	Class A Common Stock	404,929	6,478,876	D

F1Each restricted stock unit represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon vest.
F2Represents the number of shares required to be sold to cover the statutory tax withholding obligations in connection with the vesting of the restricted stock units listed in Table II. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary sale by the reporting person.
F3Vests as follows: 5% of the restricted stock units vested on June 15, 2016, and 5% of the restricted stock units vest quarterly thereafter, subject to continued service to the Issuer through each vesting date.