| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ZUO | Class A Common Stock | Award | $0 | +7.07K | +36.4% | $0.00 | 26.5K | Feb 1, 2023 | Direct | F1 |
| holding | ZUO | Class A Common Stock | 43.9K | Feb 1, 2023 | By The 2016 Jason Pressman Trust U/D/T March 8, 2016 | F2 | |||||
| holding | ZUO | Class A Common Stock | 17.8K | Feb 1, 2023 | By Shasta Ventures II GP, LLC | F3 |
| Id | Content |
|---|---|
| F1 | Pursuant to Zuora's Non-Employee Director Compensation Program, the Reporting Person has elected to receive restricted stock units ("RSUs") in lieu of the cash compensation fees payable for services on Zuora's Board of Directors and any committees thereof. The number of RSUs granted to the Reporting Person represents the quotient of (i) all applicable annual retainer fees divided by (ii) the closing price of Zuora's Class A Common Stock on the date of grant. Each RSU represents a contingent right to receive one share of Zuora's Class A Common Stock upon vesting. The RSUs vest as to 1/4 of the shares underlying the initial award on each of March 31, 2023, June 30, 2023, September 30, 2023 and December 31, 2023, so long as the Reporting Person continues to provide services to Zuora through each such 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. |