Jason Pressman - Jun 21, 2022 Form 4 Insider Report for ZUORA INC (ZUO)

Role
Director
Signature
/s/ Sylvia Lexington as attorney-in-fact for Jason Pressman
Stock symbol
ZUO
Transactions as of
Jun 21, 2022
Transactions value $
$0
Form type
4
Date filed
6/24/2022, 07:26 PM
Previous filing
Jun 8, 2022
Next filing
Aug 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZUO Class A Common Stock Award $0 +19.4K $0.00 19.4K Jun 21, 2022 Direct F1
holding ZUO Class A Common Stock 43.9K Jun 21, 2022 By The 2016 Jason Pressman Trust U/D/T March 8, 2016 F2
holding ZUO Class A Common Stock 17.8K Jun 21, 2022 By Shasta Ventures II GP, LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units (RSUs) automatically granted at Zuora's Annual Meeting of Stockholders on June 21, 2022. The RSUs will fully vest and convert on a one-for-one basis into shares of Zuora's Class A Common Stock on the earlier of (a) the date of Zuora's 2023 Annual Meeting of Stockholders and (b) the date that is one year following the RSU grant date, subject to continuous service through the vesting date.
F2 The shares are held by the 2016 Jason Pressman U/D/T March 8, 2016. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.
F3 These shares are owned directly by Shasta Ventures II GP, LLC. The Reporting Person is a managing director of Shasta Ventures II GP, LLC and disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.