Andrew M. Cohen - 30 Jun 2024 Form 4 Insider Report for ZUORA INC

Role: CLO and Corp. Secretary
Signature: /s/ Erika Ward as attorney-in-fact for Andrew M. Cohen
Issuer symbol: N/A
Transactions as of: 30 Jun 2024
Net transactions value: $0
Form type: 4
Filing time: 02 Jul 2024, 16:21:41 UTC
Previous filing: 19 Apr 2024
Next filing: 03 Jul 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ZUO	Class A Common Stock	Options Exercise	$0	+16,666	+13%	$0.000000	141,514	30 Jun 2024	Direct	F1
transaction	ZUO	Class A Common Stock	Options Exercise	$0	+14,167	+10%	$0.000000	155,681	30 Jun 2024	Direct
transaction	ZUO	Class A Common Stock	Options Exercise	$0	+13,333	+8.6%	$0.000000	169,014	30 Jun 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	-16,666	-33%	$0.000000	33,332	30 Jun 2024	Class A Common Stock	16,666		Direct	F2, F3, F4
transaction	ZUO	Restricted Stock Units (RSU)(Class A)	Options Exercise	$0	-14,167	-13%	$0.000000	99,167	30 Jun 2024	Class A Common Stock	14,167		Direct	F2, F4, F5
transaction	ZUO	Restricted Stock Units (RSU)(Class A)	Options Exercise	$0	-13,333	-8.3%	$0.000000	146,667	30 Jun 2024	Class A Common Stock	13,333		Direct	F2, F4, F6

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

Explanation of Responses:

Id	Content
F1	Includes 4,063 shares of Class A Common Stock acquired on June 14, 2024, pursuant to Zuora's employee stock purchase plan.
F2	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.
F3	The RSUs vest over three years, with 1/3 of the shares underlying the initial award vesting on December 31, 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.
F4	RSUs do not expire; these securities either vest and settle or are canceled prior to the 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.
F6	The RSUs vest over three years, with 1/12 of the shares underlying the initial award vesting on June 30, 2024, 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.