Robert J. Traube - 30 Jun 2022 Form 4 Insider Report for ZUORA INC

Role
Chief Revenue Officer
Signature
/s/ Sylvia Lexington as attorney-in-fact for Robert J. Traube
Issuer symbol
N/A
Transactions as of
30 Jun 2022
Net transactions value
-$193,220
Form type
4
Filing time
05 Jul 2022, 19:31:50 UTC
Previous filing
13 Apr 2022
Next filing
04 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZUO Class A Common Stock Options Exercise $0 +6,250 +22% $0.000000 35,016 30 Jun 2022 Direct F1
transaction ZUO Class A Common Stock Options Exercise $0 +6,250 +18% $0.000000 41,266 30 Jun 2022 Direct
transaction ZUO Class A Common Stock Options Exercise $0 +18,750 +45% $0.000000 60,016 30 Jun 2022 Direct
transaction ZUO Class A Common Stock Options Exercise $0 +20,833 +35% $0.000000 80,849 30 Jun 2022 Direct
transaction ZUO Class A Common Stock Sale $193,220 -21,626 -27% $8.93 59,223 01 Jul 2022 Direct 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 -6,250 -17% $0.000000 31,250 30 Jun 2022 Class A Common Stock 6,250 Direct F3, F4, F5
transaction ZUO Restricted Stock Units (RSU)(Class A) Options Exercise $0 -6,250 -12% $0.000000 43,750 30 Jun 2022 Class A Common Stock 6,250 Direct F3, F5, F6
transaction ZUO Restricted Stock Units (RSU)(Class A) Options Exercise $0 -18,750 -8.3% $0.000000 206,250 30 Jun 2022 Class A Common Stock 18,750 Direct F3, F5, F7
transaction ZUO Restricted Stock Units (RSU)(Class A) Options Exercise $0 -20,833 -8.3% $0.000000 229,167 30 Jun 2022 Class A Common Stock 20,833 Direct F3, F5, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,688 shares of Class A Common Stock acquired on June 14, 2022, pursuant to Zuora's employee stock purchase plan.
F2 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, three and four of Table I.
F3 Each RSU represents a contingent right to receive one share of Zuora'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 Zuora 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 Zuora 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 Zuora through each vesting date.
F8 The RSUs vest over three years, with 1/12 of the shares underlying the initial award vesting on June 30, 2022, and the remaining shares vesting as to 1/12 of the shares underlying the initial award quarterly thereafter, so long as the Reporting Person continues to provide services to Zuora through each vesting date.