4//SEC Filing
ZYNGA INC 4
Accession 0001209191-15-017509
CIK 0001439404operating
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 9:37 PM ET
Size
10.8 KB
Accession
0001209191-15-017509
Insider Transaction Report
Form 4
ZYNGA INCZNGA
Mattrick Donald A.
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit (RSU)
2015-02-19−228,938→ 686,812 totalExercise: $0.00Exp: 2021-03-13→ Class A Common Stock (228,938 underlying) - Exercise/Conversion
Class A Common Stock
2015-02-19+228,938→ 2,130,051 total - Award
Restricted Stock Unit (RSU)
2015-02-19+915,750→ 915,750 totalExercise: $0.00Exp: 2021-03-13→ Class A Common Stock (915,750 underlying)
Footnotes (4)
- [F1]Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon vest.
- [F2]The RSUs were subject to a performance-based vesting condition designed to qualify such award as tax-deductible compensation under Section 162(m)(4)(c) of the Internal Revenue Code. If the Issuer does not satisfy the performance-based condition, none of the RSUs shall vest. Upon satisfaction of the performance-based condition, 25% of the RSUs vest on the later of the date in which the Compensation Committee of the Issuer determines that the performance-based condition has been met and the first anniversary of the vesting commencement date of February 15, 2014, and 6.25% of the RSUs will vest quarterly thereafter for three years (based on February 15, May 15, August 15 and November 15 vest dates, beginning with the first such date following the initial vest), subject to continued service to the Issuer through each such date.
- [F3]The shares were granted to the reporting person on March 14, 2014 and the Compensation Committee of the Issuer certified that the performance-based condition was met on February 19, 2015.
- [F4]On February 19, 2015, the date of the Issuer's Compensation Committee meeting, the performance-based condition for vesting was met, at which time the RSU was issued. Because the first possible vesting date had passed, the initial tranche of RSUs immediately vested.
Documents
Issuer
ZYNGA INC
CIK 0001439404
Entity typeoperating
Related Parties
1- filerCIK 0001439404
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 9:37 PM ET
- Size
- 10.8 KB