Jennifer Pileggi - May 1, 2019 Form 4/A - Amendment Insider Report for ZUORA INC (ZUO)

Role
SVP, GC and Corp. Secretary
Signature
/s/ Jennifer Pileggi
Stock symbol
ZUO
Transactions as of
May 1, 2019
Transactions value $
-$160,125
Form type
4/A - Amendment
Date filed
6/14/2021, 04:06 PM
Date Of Original Report
Jun 20, 2019
Next filing
Jun 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZUO Class A Common Stock Conversion of derivative security $0 +10K +560.22% $0.00 11.8K Jun 19, 2019 Direct F1
transaction ZUO Class A Common Stock Sale -$160K -10K -84.85% $16.01 1.79K Jun 19, 2019 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ZUO Restricted Stock Units (RSU)(Class A) Award $0 +12K $0.00 12K May 1, 2019 Class A Common Stock 12K Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares that were acquired by the Reporting Person upon conversion of shares of Class B Common Stock into Class A Common Stock in connection with the exercise of the stock options.
F2 This transaction was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
F3 Represents the weighted average sale price. The lowest price at which shares were sold was $16.00 and the highest price at which shares were sold was $16.06. The Reporting Person undertakes to provide upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth in this footnote.
F4 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock upon vesting for no consideration.
F5 The RSUs vest over four years, with 1/16 of the shares underlying the initial award vesting on June 30, 2019 and the remaining shares vesting as to 1/16 of the shares underlying the initial award quarterly thereafter, so long as the Reporting Person continues to provide services to the Issuer through each vesting date.
F6 RSUs do not expire; these securities either vest and settle or are canceled prior to the vesting date.

Remarks:

This amendment to Form 4 filed on June 20, 2019, (this "Amendment") reflects the reporting of the acquisition of RSUs in Table II of Form 4, which RSUs were previously reported in Table I of Form 4 filed on June 20, 2019. The total shares beneficially owned by the Reporting Person following the transactions reported in Table I have been corrected in this Amendment as a result of the RSUs being reported in Table II. The Reporting Person's direct holdings as reported in Table I of Forms 4 filed between July 2, 2019, and April 14, 2021, are also revised by this Amendment to reflect the reporting of the RSUs in Table II as set forth herein.