Magdalena Yesil - Jan 31, 2022 Form 5 Insider Report for ZUORA INC (ZUO)

Role
Director
Signature
/s/ Sylvia Lexington as attorney-in-fact for Magdalena Yesil
Stock symbol
ZUO
Transactions as of
Jan 31, 2022
Transactions value $
$0
Form type
5
Date filed
3/28/2022, 04:44 PM
Previous filing
Dec 23, 2021
Next filing
Jun 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZUO Class A Common Stock Options Exercise $0 +102K +188.72% $0.00 155K Jul 9, 2021 Direct F1, 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 Class B Common Stock Conversion of derivative security $0 -102K -100% $0.00* 0 Jul 9, 2021 Class A Common Stock 102K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reported transaction represents the automatic conversion of Class B Common Shares that were acquired upon the exercise of stock options into Class A Common Shares on July 9. 2021, which conversion was inadvertently omitted from the Form 4 filed by the Reporting Person on July 13, 2021.
F2 Reports of beneficial ownership for this Reporting Person filed after July 13, 2021 and before March 28, 2022 do not reflect the total holdings as reported in this Form 5.
F3 Each share of the Issuer's Class B Common Stock will convert into one share of the Issuer's Class A Common Stock (a) at the option of the holder and (b) automatically upon (i) any transfer, except for certain permitted transfers, and (ii) the date that is the earliest of (x) the date specified by a vote of the holders of not less than 66 2/3% of the outstanding shares of Class B Common Stock, (y) ten years from the effective date of the Issuer's initial public offering and (z) the date that the total number of shares of outstanding Class B Common Stock ceases to represent at least 5% of all outstanding shares of the Issuer's common stock, and has no expiration date.