SEC Form 4 · accession 0001209191-17-053227
ZYNGA INC · ZNGA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank D Gibeau
Officer — Chief Executive Officer · Director
Period of report
Sep 15, 2017
Accepted (ET)
Sep 18, 2017 · 7:41 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 | Sep 15, 2017 | M | 404,930 | — | A | 1,551,961 | D | |
| Class A Common StockF3 | Sep 15, 2017 | F | 211,293 | $3.82 | D | 1,340,668 | 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 UnitF1,F4 | — | Sep 15, 2017 | M | 404,930 | D | — | Feb 28, 2023 | Class A Common Stock | 404,930 | 5,669,016 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon vest.
- F2Includes 5,000 shares acquired under the Zynga Inc. Employee Stock Purchase Plan on August 15, 2017.
- F3Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of the restricted stock units described in Table II.
- F4Vests 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.