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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option (Right to Buy) | (1) | 09/25/2017(2) | A | 250,000 | (3) | 10/15/2027 | Class A Common Stock | 250,000 | $ 0 | 250,000 | D | ||||
Restricted Stock Unit | (4) | 09/25/2017(5) | A | 750,000 | (6) | 10/15/2024 | Class A Common Stock | 750,000 | $ 0 | 750,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Phillips Phuong Y. C/O ZYNGA INC. 699 8TH STREET SAN FRANCISCO, CA 94103 |
Chief Legal Officer |
/s/ by Lane Verlenden as power of attorney for Phuong Phillips | 09/27/2017 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The exercise price of each stock option is the closing sales price of the Issuer's Class A common stock on October 15, 2017 (as quoted on the NASDAQ Stock Market). |
(2) | Pursuant to Ms. Phillips' offer letter with the Issuer, Ms. Phillips will receive stock options to purchase 250,000 shares of the Issuer's Class A common stock. The grant of these stock options will be effective on October 15, 2017. |
(3) | Vests as follows: 25% of the stock options will vest on October 15, 2018, and 6.25% of the stock options vest quarterly thereafter, subject to continued service to the Issuer through each vesting date. |
(4) | Each restricted stock unit represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon vest. |
(5) | Pursuant to Ms. Phillips' offer letter with the Issuer, Ms. Phillips will receive a grant of 750,000 restricted stock units. The grant of these restricted stock units will be effective on October 15, 2017. |
(6) | Vests as follows: 25% of the restricted stock units will vest on October 15, 2018, and 6.25% of the restricted stock units vest quarterly thereafter, subject to continued service to the Issuer through each vesting date. |