Jennifer Pileggi - 30 Sep 2021 Form 4 Insider Report for ZUORA INC

Role: SVP, GC and Corp. Secretary
Signature: /s/ Jennifer Pileggi
Issuer symbol: N/A
Transactions as of: 30 Sep 2021
Net transactions value: -$154,105
Form type: 4
Filing time: 04 Oct 2021, 17:15:18 UTC
Previous filing: 17 Sep 2021
Next filing: 08 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ZUO	Class A Common Stock	Options Exercise	$0	+750	+13%	$0.000000	6,647	30 Sep 2021	Direct
transaction	ZUO	Class A Common Stock	Options Exercise	$0	+6,250	+94%	$0.000000	12,897	30 Sep 2021	Direct
transaction	ZUO	Class A Common Stock	Options Exercise	$0	+11,250	+87%	$0.000000	24,147	30 Sep 2021	Direct
transaction	ZUO	Class A Common Stock	Sale	$154,105	-9,167	-38%	$16.81	14,980	01 Oct 2021	Direct	F1
holding	ZUO	Class A Common Stock						50,000	30 Sep 2021	By The Bradley and Jennifer Pileggi Trust	F2

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)	Options Exercise	$0	-750	-14%	$0.000000	4,500	30 Sep 2021	Class A Common Stock	750		Direct	F3, F4, F5
transaction	ZUO	Restricted Stock Units (RSU)(Class A)	Options Exercise	$0	-6,250	-9.1%	$0.000000	62,500	30 Sep 2021	Class A Common Stock	6,250		Direct	F3, F5, F6
transaction	ZUO	Restricted Stock Units (RSU)(Class A)	Options Exercise	$0	-11,250	-6.7%	$0.000000	157,500	30 Sep 2021	Class A Common Stock	11,250		Direct	F3, F5, F7

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

Explanation of Responses:

Id	Content
F1	Shares sold to satisfy the Reporting Person's tax liability in connection with the issuance of Class A Common Stock resulting from the vesting of restricted stock units ("RSUs") as reported in rows one, two and three of Table I.
F2	The securities are held of record by The Bradley and Jennifer Pileggi Trust, of which the Reporting Person is a trustee.
F3	Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon vesting for no consideration.
F4	The RSU vests 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.
F5	RSUs do not expire; these securities either vest and settle or are canceled prior to the vesting date.
F6	The RSU vests over four years, with 1/16 of the shares underlying the initial award vesting on June 30, 2020 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.
F7	The RSU vests over four years, with 1/16 of the shares underlying the initial award vesting on June 30, 2021 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.