SEC Form 4 · accession 0001209191-19-004424
ZYNGA INC · ZNGA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew S Bromberg
Officer — Chief Operating Officer
Period of report
Jan 15, 2019
Accepted (ET)
Jan 17, 2019 · 8:02 pm EST
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 | Jan 15, 2019 | M | 33,500 | $2.71 | A | 512,318 | D | |
| Class A Common StockF2 | Jan 15, 2019 | S | 41,500 | $4.29 | D | 470,818 | D |
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)F4,F3 | $2.71 | Jan 15, 2019 | M | 33,500 | D | — | Aug 8, 2026 | Class A Common Stock | 33,500 | 4,832,500 | D |
Explanation of responses
- F1The transaction was effected pursuant to a Rule 10b5-1 plan.
- F2The reported price is a weighted average price (rounded to the nearest cent). These shares were sold in multiple transactions at prices ranging from $4.235 to $4.315, 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.
- F3Vests as follows: 20% of the shares subject to the award vested on August 15, 2017, and 5% of the shares subject to the award vest quarterly thereafter, subject to continued service to the Issuer through each vesting date.
- F4The amount report reflects the reversal of a previously-reported option exercise (and subsequent sale of the Class A Common Stock acquired pursuant to such option exercise) as reported to the Issuer by the broker responsible for administering the Rule 10b5-1 sale plan adopted by the Reporting Person.