KARP JEFFREY S 4
4 · ZYNGA INC · Filed Mar 12, 2012
Insider Transaction Report
Form 4
ZYNGA INCZNGA
KARP JEFFREY S
Chief Mrktg, Revenue Officer
Transactions
- Award
Restricted Stock Unit
2012-03-09+1,000,000→ 1,000,000 totalExercise: $0.00Exp: 2019-03-09→ Class B Common Stock (1,000,000 underlying) - Award
Restricted Stock Unit
2012-03-09+200,000→ 200,000 totalExercise: $0.00Exp: 2019-03-09→ Class B Common Stock (200,000 underlying)
Footnotes (3)
- [F1]1/4th of the total shares underlying the restricted stock units vest on March 15, 2013. The remaining shares vest in equal quarterly installments over the following three years, subject to continued service to the Issuer through each vesting date.
- [F2]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.
- [F3]100% of the total shares underlying the restricted stock units vest on March 15, 2017, subject to continued service to the Issuer through the vesting date.