Robert J. Traube - Sep 30, 2021 Form 4 Insider Report for ZUORA INC (ZUO)

Role: Chief Revenue Officer
Signature: /s/ Jennifer Pileggi as attorney-in-fact for Robert J. Traube
Stock symbol: ZUO
Transactions as of: Sep 30, 2021
Transactions value $: -$263,812
Form type: 4
Date filed: 10/4/2021, 05:21 PM
Previous filing: Sep 1, 2021
Next filing: Oct 13, 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	+6.25K	+33.54%	$0.00	24.9K	Sep 30, 2021	Direct
transaction	ZUO	Class A Common Stock	Options Exercise	$0	+6.25K	+25.12%	$0.00	31.1K	Sep 30, 2021	Direct
transaction	ZUO	Class A Common Stock	Options Exercise	$0	+18.8K	+60.23%	$0.00	49.9K	Sep 30, 2021	Direct
transaction	ZUO	Class A Common Stock	Sale	-$264K	-15.7K	-31.46%	$16.81	34.2K	Oct 1, 2021	Direct	F1

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	-6.25K	-11.11%	$0.00	50K	Sep 30, 2021	Class A Common Stock	6.25K		Direct	F2, F3, F4
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	F2, F4, F5
transaction	ZUO	Restricted Stock Units (RSU)(Class A)	Options Exercise	$0	-18.8K	-6.67%	$0.00	263K	Sep 30, 2021	Class A Common Stock	18.8K		Direct	F2, F4, F6

* 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	Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon vesting for no consideration.
F3	The RSUs vest over four years, with 1/4 of the shares underlying the initial award vesting on September 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.
F4	RSUs do not expire; these securities either vest and settle or are canceled prior to the vesting date.
F5	The RSUs vest 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.
F6	The RSUs vest 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.