ZYNGA INC 4
4 · ZYNGA INC · Filed Jul 17, 2013
Insider Transaction Report
Form 4
ZYNGA INCZNGA
Mattrick Donald A.
DirectorChief Executive Officer
Transactions
- Award
Restricted Stock Unit
2013-07-15+8,928,571→ 8,928,571 totalExp: 2020-07-15→ Class A Common Stock (8,928,571 underlying) - Award
Employee Stock Option (right to buy)
2013-07-15+7,357,143→ 7,357,143 totalExercise: $3.55Exp: 2023-07-15→ Class A Common Stock (7,357,143 underlying) - Award
Restricted Stock Unit
2013-07-15+1,785,714→ 1,785,714 totalExp: 2020-07-15→ Class A Common Stock (1,785,714 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon vest.
- [F2]Vests as follows: (i) 45.32% vests on the first anniversary of July 8, 2013 (the "Start Date"), (ii) an additional 45.32% shall vest on the day prior to the 2015 annual meeting of the Company's stockholders, and (iii) 9.36% on the third anniversary of the Start Date, subject to continued service to the Issuer through each such vesting date. The award shall be eligible for accelerated vesting under Section 7 of that certain Offer Letter, dated as of June 30, 2013, between Don A. Mattrick and the Company, and under the terms and conditions set forth in the Zynga Inc. Change in Control Severance Benefit Plan, whichever is more favorable.
- [F3]Vests as follows: (i) 60% vests the third anniversary of the Start Date, (ii) an additional 20% shall vest on the fourth anniversary of the Start Date, and (iii) 20% on the fifth anniversary of the Start Date, subject to continued service to the Issuer through each such vesting date. The award shall be eligible for accelerated vesting under Section 7 of that certain Offer Letter, dated as of June 30, 2013, between Don A. Mattrick and the Company, and under the terms and conditions set forth in the Zynga Inc. Change in Control Severance Benefit Plan, whichever is more favorable.