Chiang Steven T. 4
4 · ZYNGA INC · Filed Mar 19, 2013
Insider Transaction Report
Form 4
ZYNGA INCZNGA
Chiang Steven T.
Executive VP, Games
Transactions
- Conversion
Class A Common Stock
2013-03-18+200,000→ 620,807 total - Conversion
Class B Common Stock
2013-03-15−200,000→ 66,863 total→ Class A Common Stock (200,000 underlying) - Exercise/Conversion
Restricted Stock Unit
2013-03-15−200,000→ 800,000 totalExercise: $0.00Exp: 2017-04-15→ Class B Common Stock (200,000 underlying) - Sale
Class A Common Stock
2013-03-18$3.54/sh−78,172$276,807→ 542,635 total - Exercise/Conversion
Class B Common Stock
2013-03-15+200,000→ 266,863 total→ Class A Common Stock (200,000 underlying)
Footnotes (4)
- [F1]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.
- [F2]Represents the number of shares sold to cover tax withholding in connection with the vesting of restricted stock units (the "RSUs") listed in Table II. The transaction was effected pursuant to a Rule 10b5-1 plan dated March 7, 2012.
- [F3]The sales price reported is the weighted average sale price for the number of shares sold. Full information regarding the number of shares sold at each separate price will be supplied upon request by the Securities & Exchange Commission staff, the Issuer or a security holder of the Issuer.
- [F4]Vests as follows: 1/4th of the total shares underlying the RSU vested on March 15, 2011. The remaining shares vest, in equal quarterly installments thereafter, subject to continued service to the Issuer through each vesting date.