Robert J. Traube - Mar 31, 2022 Form 4 Insider Report for ZUORA INC (ZUO)

Signature
/s/ Andrew M. Cohen as attorney-in-fact for Robert J. Traube
Stock symbol
ZUO
Transactions as of
Mar 31, 2022
Transactions value $
-$161,906
Form type
4
Date filed
4/4/2022, 05:11 PM
Previous filing
Mar 3, 2022
Next filing
Apr 13, 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 +6.25K +32.88% $0.00 25.3K Mar 31, 2022 Direct
transaction ZUO Class A Common Stock Options Exercise $0 +6.25K +24.75% $0.00 31.5K Mar 31, 2022 Direct
transaction ZUO Class A Common Stock Options Exercise $0 +18.8K +59.51% $0.00 50.3K Mar 31, 2022 Direct
transaction ZUO Class A Common Stock Sale -$162K -11.1K -22.03% $14.63 39.2K Apr 1, 2022 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 Restricted Stock Units (RSU)(Class A) Options Exercise $0 -6.25K -14.29% $0.00 37.5K Mar 31, 2022 Class A Common Stock 6.25K Direct F3, F4, F5
transaction ZUO Restricted Stock Units (RSU)(Class A) Options Exercise $0 -6.25K -11.11% $0.00 50K Mar 31, 2022 Class A Common Stock 6.25K Direct F3, F5, F6
transaction ZUO Restricted Stock Units (RSU)(Class A) Options Exercise $0 -18.8K -7.69% $0.00 225K Mar 31, 2022 Class A Common Stock 18.8K 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 Represents the weighted average sale price. The lowest price at which shares were sold was $14.5901 and the highest price at which shares were sold was $14.6273. The Reporting Person undertakes to provide upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth in this footnote.
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 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.
F5 RSUs do not expire; these securities either vest and settle or are canceled prior to the vesting date.
F6 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.
F7 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.