Omar Abbosh - Jan 2, 2024 Form 4 Insider Report for ZUORA INC (ZUO)

Role: Director
Signature: /s/ Sylvia Lexington as attorney-in-fact for Omar P. Abbosh
Stock symbol: ZUO
Transactions as of: Jan 2, 2024
Transactions value $: $0
Form type: 4
Date filed: 1/3/2024, 07:11 PM
Previous filing: Jun 27, 2023
Next filing: Feb 2, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ZUO	Class A Common Stock	Award	$0	+75	+0.1%	$0.00	74.9K	Jan 2, 2024	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Pursuant to Zuora's Non-Employee Director Compensation Program ("Compensation Program"), the Reporting Person previously elected to receive restricted stock units ("RSUs") in lieu of cash compensation fees payable for services on Zuora's Board of Directors and any committees thereof for fiscal year 2024 ("FY24"). On December 1, 2023, the Reporting Person's compensation fee increased in connection with his appointment as chair of the Nominating and Corporate Governance Committee. The number of RSUs granted to the Reporting Person on January 2, 2023 represents the quotient of (i) the increase in the Reporting Person's compensation fee for FY24 divided by (ii) the closing price of Zuora's Class A Common Stock on the date of grant. The RSUs are fully vested upon grant in accordance with the Compensation Program.

Content

Pursuant to Zuora's Non-Employee Director Compensation Program ("Compensation Program"), the Reporting Person previously elected to receive restricted stock units ("RSUs") in lieu of cash compensation fees payable for services on Zuora's Board of Directors and any committees thereof for fiscal year 2024 ("FY24"). On December 1, 2023, the Reporting Person's compensation fee increased in connection with his appointment as chair of the Nominating and Corporate Governance Committee. The number of RSUs granted to the Reporting Person on January 2, 2023 represents the quotient of (i) the increase in the Reporting Person's compensation fee for FY24 divided by (ii) the closing price of Zuora's Class A Common Stock on the date of grant. The RSUs are fully vested upon grant in accordance with the Compensation Program.