Kenneth A. Goldman - Jun 22, 2021 Form 4 Insider Report for ZUORA INC (ZUO)

Role: Director
Signature: /s/ Jennifer Pileggi as attorney-in-fact for Kenneth A. Goldman
Stock symbol: ZUO
Transactions as of: Jun 22, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/24/2021, 04:11 PM
Previous filing: Jun 21, 2021
Next filing: Aug 12, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ZUO	Class A Common Stock	Award	$0	+10.1K	+31.97%	$0.00	41.8K	Jun 22, 2021	Direct	F1
holding	ZUO	Class A Common Stock						1.39K	Jun 22, 2021	By Goldman-Valeriote Family Trust u/a/d 11/15/95	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects Restricted Stock Units (RSUs) automatically granted at the Issuer's Annual Meeting of Stockholders on June 22, 2021. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs will fully vest and convert into shares of the Issuer's Class A Common Stock on the earlier of (a) the date of the Issuer's 2022 Annual Meeting of Stockholders and (b) the date that is one year following the RSU grant date, in each case, so long as the Reporting Person continues to provide services to the Issuer through such date. The vesting of the RSUs shall accelerate in full upon the consummation of a Corporate Transaction, as defined in the Issuer's 2018 Equity Incentive Plan.
F2	Reporting Person is a trustee of the Trust and may be deemed to have voting and dispositive power with regard to the shares held by the Trust. The Reporting Person disclaims beneficial ownership of the shares held by the Trust except to the extent of his proportionate pecuniary interest therein.

Content

Reflects Restricted Stock Units (RSUs) automatically granted at the Issuer's Annual Meeting of Stockholders on June 22, 2021. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs will fully vest and convert into shares of the Issuer's Class A Common Stock on the earlier of (a) the date of the Issuer's 2022 Annual Meeting of Stockholders and (b) the date that is one year following the RSU grant date, in each case, so long as the Reporting Person continues to provide services to the Issuer through such date. The vesting of the RSUs shall accelerate in full upon the consummation of a Corporate Transaction, as defined in the Issuer's 2018 Equity Incentive Plan.

Reporting Person is a trustee of the Trust and may be deemed to have voting and dispositive power with regard to the shares held by the Trust. The Reporting Person disclaims beneficial ownership of the shares held by the Trust except to the extent of his proportionate pecuniary interest therein.