Timothy M. Haley - Mar 1, 2024 Form 4 Insider Report for ZUORA INC (ZUO)

Role
Director
Signature
/s/ Erika Ward as attorney-in-fact for Timothy M. Haley
Stock symbol
ZUO
Transactions as of
Mar 1, 2024
Transactions value $
$0
Form type
4
Date filed
3/5/2024, 04:05 PM
Previous filing
Feb 28, 2024
Next filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction ZUO Class A Common Stock +Grant/Award $0 +624 +1.06% $0.00 59,745 Mar 1, 2024 Direct F1
holding ZUO Class A Common Stock 34,246 Mar 1, 2024 By Haley-McGourty Partners
holding ZUO Class A Common Stock 156,793 Mar 1, 2024 By Haley-McGourty Family Trust U/D/T 9/27/96

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 for fees payable for services on Zuora's Board of Directors and any committees thereof for fiscal year 2025 ("FY25"). The Compensation Program was subsequently amended to increase FY25 fees. The RSUs granted to the Reporting Person on March 1, 2024, represents the quotient of (i) the increase in the Reporting Person's FY25 compensation fee divided by (ii) the closing price of Zuora's Class A Common Stock on the date of grant. Each RSU represents a contingent right to receive one share of Zuora's Class A Common Stock upon vesting. The RSUs vest as to 1/4 of the shares underlying the initial award on each of March 31, 2024, June 30, 2024, September 30, 2024 and December 31, 2024, so long as the Reporting Person continues to provide services to Zuora through each such vesting date.