Robert J. Traube - 30 Sep 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 Sep 2022
Net transactions value
-$190,606
Form type
4
Filing time
04 Oct 2022, 18:24:56 UTC
Previous filing
05 Jul 2022
Next filing
13 Dec 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 +11% $0.000000 65,473 30 Sep 2022 Direct
transaction ZUO Class A Common Stock Options Exercise $0 +6,250 +9.5% $0.000000 71,723 30 Sep 2022 Direct
transaction ZUO Class A Common Stock Options Exercise $0 +18,750 +26% $0.000000 90,473 30 Sep 2022 Direct
transaction ZUO Class A Common Stock Options Exercise $0 +20,833 +23% $0.000000 111,306 30 Sep 2022 Direct
transaction ZUO Class A Common Stock Sale $190,606 -26,905 -24% $7.08 84,401 03 Oct 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 -6,250 -20% $0.000000 25,000 30 Sep 2022 Class A Common Stock 6,250 Direct F3, F4, F5
transaction ZUO Restricted Stock Units (RSU)(Class A) Options Exercise $0 -6,250 -14% $0.000000 37,500 30 Sep 2022 Class A Common Stock 6,250 Direct F3, F5, F6
transaction ZUO Restricted Stock Units (RSU)(Class A) Options Exercise $0 -18,750 -9.1% $0.000000 187,500 30 Sep 2022 Class A Common Stock 18,750 Direct F3, F5, F7
transaction ZUO Restricted Stock Units (RSU)(Class A) Options Exercise $0 -20,833 -9.1% $0.000000 208,334 30 Sep 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 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.
F2 Represents the weighted average sale price. The lowest price at which shares were sold was $7.0759 and the highest price at which shares were sold was $7.3950. The Reporting Person undertakes to provide upon request to the staff of the U.S. Securities and Exchange Commission, Zuora 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 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.