Robert J. Traube - Mar 31, 2024 Form 4 Insider Report for ZUORA INC (ZUO)

Role
Chief Revenue Officer
Signature
/s/ Erika Ward as attorney-in-fact for Robert J. Traube
Stock symbol
ZUO
Transactions as of
Mar 31, 2024
Transactions value $
$0
Form type
4
Date filed
4/2/2024, 04:30 PM
Previous filing
Jan 11, 2024
Next filing
Apr 3, 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 +6.25K +99.94% $0.00 12.5K Mar 31, 2024 Direct
transaction ZUO Class A Common Stock Options Exercise $0 +18.8K +149.95% $0.00 31.3K Mar 31, 2024 Direct
transaction ZUO Class A Common Stock Options Exercise $0 +20.8K +66.66% $0.00 52.1K Mar 31, 2024 Direct
transaction ZUO Class A Common Stock Options Exercise $0 +27.1K +52% $0.00 79.2K Mar 31, 2024 Direct
transaction ZUO Class A Common Stock Options Exercise $0 +26.9K +34.03% $0.00 106K Mar 31, 2024 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 -6.25K -100% $0.00* 0 Mar 31, 2024 Class A Common Stock 6.25K Direct F1, F2, F3
transaction ZUO Restricted Stock Units (RSU)(Class A) Options Exercise $0 -18.8K -20% $0.00 75K Mar 31, 2024 Class A Common Stock 18.8K Direct F1, F3, F4
transaction ZUO Restricted Stock Units (RSU)(Class A) Options Exercise $0 -20.8K -20% $0.00 83.3K Mar 31, 2024 Class A Common Stock 20.8K Direct F1, F3, F5
transaction ZUO Restricted Stock Units (RSU)(Class A) Options Exercise $0 -27.1K -11.11% $0.00 217K Mar 31, 2024 Class A Common Stock 27.1K Direct F1, F3, F6
transaction ZUO Restricted Stock Units (RSU)(Class A) Options Exercise $0 -26.9K -20% $0.00 108K Mar 31, 2024 Class A Common Stock 26.9K Direct F1, F3, F7
* 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 vesting for no consideration.
F2 The RSUs vest over four years, with 1/16 of the shares underlying the initial award vesting on June 30, 2020, 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 four years, with 1/16 of the shares underlying the initial award vesting on June 30, 2021, 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 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.
F7 The RSUs vest over two years, with 1/8 of the shares underlying the award vesting on June 30, 2023, and the remaining shares vesting as to 1/8 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.