SEC Form 4 · accession 0001209191-17-035998
ZYNGA INC · ZNGA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William B Gordon
Director
Period of report
May 25, 2017
Accepted (ET)
May 26, 2017 · 6:05 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 StockF1,F2 | May 25, 2017 | S | 976,859 | $3.50 | D | 805,151 | I | See footnote |
| Class A Common StockF3,F2 | May 26, 2017 | S | 255,514 | $3.50 | D | 549,637 | I | See footnote |
| Class A Common Stock | holding | — | — | — | 832,603 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported price is a weighted average price (rounded to the nearest cent). These shares were sold in multiple transactions at prices ranging from $3.50 to $3.515 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.
- F2KPCB Holdings, Inc., as nominee, holds the shares for the account of each of KPCB Digital Growth Fund, LLC ("KPCB DGF") and KPCB Digital Growth Founders Fund, LLC ("KPCB DGFF"). The managing member of KPCB DGF and KPCB DGFF is KPCB DGF Associates, LLC ("DGF Associates"). The voting and dispositive control over the shares is shared by individual managing members of DGF Associates, including the Reporting Person, none of whom has veto power. The Reporting Person disclaims beneficial ownership over such shares except to the extent of his pecuniary interest therein, and the inclusion of such shares shall not be deemed an admission of beneficial ownership of such shares for purposes of Section 16 or for any other purposes.
- F3The reported price is a weighted average price (rounded to the nearest cent). These shares were sold in multiple transactions at prices ranging from $3.50 to $3.5075 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.