Andrew M. Cohen - 30 Sep 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 Sep 2024
Net transactions value
$0
Form type
4
Filing time
02 Oct 2024, 18:09:01 UTC
Previous filing
12 Jul 2024
Next filing
03 Oct 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 +11% $0.000000 165,306 30 Sep 2024 Direct
transaction ZUO Class A Common Stock Options Exercise $0 +14,167 +8.6% $0.000000 179,473 30 Sep 2024 Direct
transaction ZUO Class A Common Stock Options Exercise $0 +13,333 +7.4% $0.000000 192,806 30 Sep 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 -50% $0.000000 16,666 30 Sep 2024 Class A Common Stock 16,666 Direct F1, F2, F3
transaction ZUO Restricted Stock Units (RSU)(Class A) Options Exercise $0 -14,167 -14% $0.000000 85,000 30 Sep 2024 Class A Common Stock 14,167 Direct F1, F3, F4
transaction ZUO Restricted Stock Units (RSU)(Class A) Options Exercise $0 -13,333 -9.1% $0.000000 133,334 30 Sep 2024 Class A Common Stock 13,333 Direct F1, F3, F5
* 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 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.
F3 RSUs do not expire; these securities either vest and settle or are canceled prior to the vesting date.
F4 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.
F5 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.