Hydrolyzes N-acyl-phosphatidylethanolamines (NAPEs) to produce N-acylethanolamines (NAEs). H2O + N-acyl-1,2-diacyl-sn-glycero-3-phosphoethanolamine = a 1,2-diacyl-sn-glycero-3-phosphate + an N-acylethanolamine + H(+) Binds 1 or 2 zinc ions per subunit. Expressed periodically during the glycolytic and respiratory oscillations cycles. Present with 178 molecules/cell in log phase SD medium. Belongs to the NAPE-PLD family.