Matthew R. Dobson - Sep 30, 2023 Form 4 Insider Report for ZUORA INC (ZUO)

Role
Chief Accounting Officer
Signature
/s/ Sylvia Lexington as attorney-in-fact for Matthew R. Dobson
Stock symbol
ZUO
Transactions as of
Sep 30, 2023
Transactions value $
$0
Form type
4
Date filed
10/3/2023, 09:55 PM
Previous filing
Sep 28, 2023
Next filing
Oct 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZUO Class A Common Stock Options Exercise $0 +3.75K +9.84% $0.00 41.9K Sep 30, 2023 Direct
transaction ZUO Class A Common Stock Options Exercise $0 +2.08K +4.98% $0.00 44K Sep 30, 2023 Direct
transaction ZUO Class A Common Stock Options Exercise $0 +2.5K +5.69% $0.00 46.5K Sep 30, 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
transaction ZUO Restricted Stock Units (RSU)(Class A) Options Exercise $0 -3.75K -14.29% $0.00 22.5K Sep 30, 2023 Class A Common Stock 3.75K Direct F1, F2, F3
transaction ZUO Restricted Stock Units (RSU)(Class A) Options Exercise $0 -2.08K -14.29% $0.00 12.5K Sep 30, 2023 Class A Common Stock 2.08K Direct F1, F3, F4
transaction ZUO Restricted Stock Units (RSU)(Class A) Options Exercise $0 -2.5K -9.09% $0.00 25K Sep 30, 2023 Class A Common Stock 2.5K Direct F1, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Zuora's Class A Common Stock upon settlement for no consideration.
F2 The 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 Zuora through each vesting date.
F3 RSUs do not expire; these securities either vest and settle or are canceled prior to the vesting date.
F4 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.
F5 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.