Jennifer Pileggi - Sep 30, 2021 Form 4 Insider Report for ZUORA INC (ZUO)

Role
SVP, GC and Corp. Secretary
Signature
/s/ Jennifer Pileggi
Stock symbol
ZUO
Transactions as of
Sep 30, 2021
Transactions value $
-$154,105
Form type
4
Date filed
10/4/2021, 05:15 PM
Previous filing
Sep 17, 2021
Next filing
Dec 8, 2021

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 +12.72% $0.00 6.65K Sep 30, 2021 Direct
transaction ZUO Class A Common Stock Options Exercise $0 +6.25K +94.03% $0.00 12.9K Sep 30, 2021 Direct
transaction ZUO Class A Common Stock Options Exercise $0 +11.3K +87.23% $0.00 24.1K Sep 30, 2021 Direct
transaction ZUO Class A Common Stock Sale -$154K -9.17K -37.96% $16.81 15K Oct 1, 2021 Direct F1
holding ZUO Class A Common Stock 50K Sep 30, 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 -14.29% $0.00 4.5K Sep 30, 2021 Class A Common Stock 750 Direct F3, F4, F5
transaction ZUO Restricted Stock Units (RSU)(Class A) Options Exercise $0 -6.25K -9.09% $0.00 62.5K Sep 30, 2021 Class A Common Stock 6.25K Direct F3, F5, F6
transaction ZUO Restricted Stock Units (RSU)(Class A) Options Exercise $0 -11.3K -6.67% $0.00 158K Sep 30, 2021 Class A Common Stock 11.3K 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.