SEC Form 4 · accession 0001209191-17-030379
ZYNGA INC · ZNGA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Buckley
Officer — Chief Accounting Officer
Period of report
May 3, 2017
Accepted (ET)
May 5, 2017 · 5:00 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 | — | May 3, 2017 | A | 100,000 | A | — | May 15, 2027 | Class A Common Stock | 100,000 | 100,000 | D |
| Restricted Stock UnitF5,F4,F6 | — | May 3, 2017 | A | 300,000 | A | — | May 15, 2024 | Class A Common Stock | 300,000 | 300,000 | 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 May 15, 2017 (as quoted on the NASDAQ Stock Market).
- F2Pursuant to Mr. Buckley's promotion letter with the Issuer, Mr. Buckley will receive stock options to purchase 100,000 shares of the Issuer's Class A common stock. The grant of these stock options will be effective on May 15, 2017.
- F3Vests as follows: 25% of the stock options vest on May 15, 2018, with an additional 6.25% of the stock options vesting quarterly thereafter until fully vested, subject to continued service to the Issuer through each vesting date.
- F4Each restricted stock unit represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon vest.
- F5Pursuant to Mr. Buckley's promotion letter with the Issuer, Mr. Buckley will receive a grant of 300,000 restricted stock units. The grant of these restricted stock units will be effective on May 15, 2017.
- F6Vests as follows: 25% of the restricted stock units vest on May 15, 2018, with an additional 6.25% of the restricted stock units vesting quarterly thereafter until fully vested, subject to continued service to the Issuer through each vesting date.