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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 | ||||||||
Restricted Stock Unit (RSU) | (1) | 02/29/2016 | A | 8,098,592 | (2) | 02/28/2023 | Class A Common Stock | 8,098,592 | $ 0 | 8,098,592 | D | ||||
Stock Option (Right to Buy) | (3) | 02/29/2016(4) | A | 5,000,000 | (5) | 03/03/2026 | Class A Common Stock | 5,000,000 | $ 0 | 5,000,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
GIBEAU FRANK D C/O ZYNGA INC. 699 8TH STREET SAN FRANCISCO, CA 94103 |
X | Chief Executive Officer |
/s/ David Cohen as attorney-in-fact for Frank Gibeau | 03/01/2016 | |
**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) | Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon vest. |
(2) | The RSUs vest as follows: 5% of the RSUs vest on June 15, 2016, and each subsequent 5% of the RSUs vest every three months thereafter until fully vested, subject to continued service to the Issuer through each vesting date. |
(3) | The exercise price of each stock option is the closing sales price of the Issuer's Class A common stock as quoted on the NASDAQ Stock Market on March 4, 2016. |
(4) | Pursuant to Mr. Gibeau's offer letter with the Issuer, which was entered into on February 29, 2016, Mr. Gibeau will receive an option to purchase 5,000,000 shares of the Company's Class A common stock. The grant of these options will be effective on March 4, 2016. |
(5) | The stock options vest as follows: 5% of the stock option vests on June 15, 2016, and each subsequent 5% of the stock option vests every three months thereafter until fully vested, subject to continued service to the Issuer through each vesting date. |