4//SEC Filing
ZYNGA INC 4
Accession 0001209191-14-046585
CIK 0001439404operating
Filed
Jul 8, 8:00 PM ET
Accepted
Jul 9, 6:23 PM ET
Size
10.2 KB
Accession
0001209191-14-046585
Insider Transaction Report
Form 4
ZYNGA INCZNGA
Mattrick Donald A.
DirectorChief Executive Officer
Transactions
- Sale
Class A Common Stock
2014-07-09$3.02/sh−2,145,315$6,478,851→ 1,901,113 total - Exercise/Conversion
Class A Common Stock
2014-07-08+4,046,428→ 4,046,428 total - Exercise/Conversion
Restricted Stock Unit
2014-07-08−4,046,428→ 4,882,143 totalExp: 2020-07-15→ Class A Common Stock (4,046,428 underlying)
Footnotes (4)
- [F1]Represents the number of shares required to be sold to cover the statutory tax withholding obligations in connection with the vesting of the restricted stock units (the "RSUs") listed in Table II. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary sale by the reporting person.
- [F2]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.
- [F3]Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F4]Vests as follows: (i) 45.32% vested 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% shall vest 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.
Documents
Issuer
ZYNGA INC
CIK 0001439404
Entity typeoperating
Related Parties
1- filerCIK 0001439404
Filing Metadata
- Form type
- 4
- Filed
- Jul 8, 8:00 PM ET
- Accepted
- Jul 9, 6:23 PM ET
- Size
- 10.2 KB