Matthew R. Dobson - Sep 20, 2023 Form 3/A - Amendment Insider Report for ZUORA INC (ZUO)

Role
Chief Accounting Officer
Signature
/s/ Diana Lorenz as attorney-in-fact for Matthew R. Dobson
Stock symbol
ZUO
Transactions as of
Sep 20, 2023
Transactions value $
$0
Form type
3/A - Amendment
Date filed
9/28/2023, 09:44 PM
Date Of Original Report
Sep 28, 2023
Next filing
Oct 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ZUO Class A Common Stock 38.1K Sep 20, 2023 Direct

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
holding ZUO Stock Option (Right to buy Class A Common Stock) Sep 20, 2023 Class A Common Stock 60K $15.66 Direct F1
holding ZUO Restricted Stock Units (RSU)(Class A) Sep 20, 2023 Class A Common Stock 26.3K Direct F2, F3, F4
holding ZUO Restricted Stock Units (RSU)(Class A) Sep 20, 2023 Class A Common Stock 14.6K Direct F3, F4, F5
holding ZUO Restricted Stock Units (RSU)(Class A) Sep 20, 2023 Class A Common Stock 27.5K Direct F3, F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests over four years, with 1/4 of the shares underlying the initial award vesting on February 16, 2022, and the remaining shares vesting as to 1/48 of the shares underlying the initial award monthly thereafter, so long as the Reporting Person continuing to provide services to Zuora through each vesting date.
F2 The restricted stock unites ("RSUs") vest over four years, with 1/4 of the shares underlying the initial award vesting on March 31, 2022, 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 the Issuer through each vesting date.
F3 RSUs do not expire; these securities either vest and settle or are canceled prior to the vesting date.
F4 Each RSU represents a contingent right to receive one share of the Zuora's Class A Common Stock upon vesting for no consideration.
F5 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.
F6 The RSUs vest over three years, with 1/12 of the shares underlying the initial award vesting on June 30, 2023, 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.

Remarks:

This Form 3/A is being filed to include the Table II holdings of the Reporting Person, which were inadvertently omitted from the original Form 3 filed on September 28, 2023.