4//SEC Filing
Schappert John 4
Accession 0001209191-11-061685
CIK 0001439404other
Filed
Dec 15, 7:00 PM ET
Accepted
Dec 16, 3:39 PM ET
Size
9.9 KB
Accession
0001209191-11-061685
Insider Transaction Report
Form 4
ZYNGA INCZNGA
Schappert John
DirectorChief Operating Officer
Transactions
- Award
Restricted Stock Unit
2011-12-15+1,432,665→ 1,432,665 totalExercise: $0.00Exp: 2018-05-18→ Class B Common Stock (1,432,665 underlying) - Award
Restricted Stock Unit
2011-12-15+716,332→ 716,332 totalExercise: $0.00Exp: 2018-06-06→ Class B Common Stock (716,332 underlying)
Footnotes (5)
- [F1]Represents RSUs that were granted on May 18, 2011. These RSUs have a term of 7 years and are settled in shares of the Issuer's Class B Common Stock. As granted, the vesting of the RSUs was subject to satisfaction of both a service-based condition and a liquidity event-based condition. The liquidity event-based condition was satisfied on December 15, 2011, upon the execution and effectiveness of an underwriting agreement by and among the Issuer, the underwriters and certain selling stockholders of the Issuer, in connection with the IPO.
- [F2]The service-based vesting condition will be satisfied as to 33.33% of the total shares underlying the RSU on March 15, 2013. The remaining shares vest, in equal quarterly installments thereafter, subject to continued service to the Issuer through each vesting date.
- [F3]Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Class B Common Stock will convert automatically into Class A Common Stock on the date on which the number of outstanding shares of Class B Common Stock and Class C Common Stock together represent less than 10% of the aggregate combined voting power of the Issuer's capital stock. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon (i) any transfer, whether or not for value, (subject to certain exceptions), or (ii) in the event of death of the Reporting Person.
- [F4]Represents RSUs that were granted on June 6, 2011. These RSUs have a term of 7 years and are settled in shares of the Issuer's Class B Common Stock. As granted, the vesting of the RSUs was subject to satisfaction of both a service-based condition and a liquidity event-based condition. The liquidity event-based condition was satisfied on December 15, 2011, upon the execution and effectiveness of an underwriting agreement by and among the Issuer, the underwriters and certain selling stockholders of the Issuer, in connection with the IPO.
- [F5]The service-based vesting condition will be satisfied as to 100% of the shares underlying the RSU on March 15, 2012, subject to continued service to the Issuer through the vesting date.
Documents
Issuer
ZYNGA INC
CIK 0001439404
Entity typeother
Related Parties
1- filerCIK 0001380429
Filing Metadata
- Form type
- 4
- Filed
- Dec 15, 7:00 PM ET
- Accepted
- Dec 16, 3:39 PM ET
- Size
- 9.9 KB