Matthew R. Dobson - Dec 31, 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: Dec 31, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/3/2024, 07:11 PM
Previous filing: Oct 6, 2023
Next filing: Jan 4, 2024

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	+8.15%	$0.00	49.8K	Dec 31, 2023	Direct	F1, F2
transaction	ZUO	Class A Common Stock	Options Exercise	$0	+2.08K	+4.19%	$0.00	51.8K	Dec 31, 2023	Direct	F1
transaction	ZUO	Class A Common Stock	Options Exercise	$0	+2.5K	+4.82%	$0.00	54.3K	Dec 31, 2023	Direct	F1

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	-16.67%	$0.00	18.8K	Dec 31, 2023	Class A Common Stock	3.75K		Direct	F1, F3, F4, F5
transaction	ZUO	Restricted Stock Units (RSU)(Class A)	Options Exercise	$0	-2.08K	-16.66%	$0.00	10.4K	Dec 31, 2023	Class A Common Stock	2.08K		Direct	F1, F3, F5, F6
transaction	ZUO	Restricted Stock Units (RSU)(Class A)	Options Exercise	$0	-2.5K	-10%	$0.00	22.5K	Dec 31, 2023	Class A Common Stock	2.5K		Direct	F1, F3, F5, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction represents the vesting of restricted stock units ("RSUs") held by the Reporting Person on the Transaction Date. No RSUs were sold by the Reporting Person on this date.
F2	Includes 2,033 shares of Class A Common Stock acquired on December 14, 2023, pursuant to Zuora's employee stock purchase plan.
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 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.
F5	RSUs do not expire; these securities either vest and settle or are canceled prior to the vesting date.
F6	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.
F7	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.