Jason Pressman - 27 Jun 2023 Form 4 Insider Report for ZUORA INC

Role
Director
Signature
/s/ Sylvia Lexington as attorney-in-fact for Jason Pressman
Issuer symbol
N/A
Transactions as of
27 Jun 2023
Net transactions value
$0
Form type
4
Filing time
27 Jun 2023, 21:18:18 UTC
Previous filing
02 Feb 2023
Next filing
06 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZUO Class A Common Stock Award $0 +16,218 +61% $0.000000 42,709 27 Jun 2023 Direct F1
holding ZUO Class A Common Stock 43,899 27 Jun 2023 By The 2016 Jason Pressman Trust U/D/T March 8, 2016 F2
holding ZUO Class A Common Stock 17,812 27 Jun 2023 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 27, 2023. The RSUs will fully vest and convert into shares of Zuora's Class A Common Stock on the earlier of (a) the date of Zuora's 2024 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.