Omar Abbosh - Jun 22, 2021 Form 4 Insider Report for ZUORA INC (ZUO)

Role
Director
Signature
/s/ Jennifer Pileggi as attorney-in-fact for Omar P. Abbosh
Stock symbol
ZUO
Transactions as of
Jun 22, 2021
Transactions value $
$0
Form type
4
Date filed
6/24/2021, 04:16 PM
Next filing
Feb 3, 2022

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 +43.84% $0.00 33.2K Jun 22, 2021 Direct F1
* 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.