Andrew M. Cohen - Sep 30, 2024 Form 4 Insider Report for ZUORA INC (ZUO)

Role
CLO and Corp. Secretary
Signature
/s/ Erika Ward as attorney-in-fact for Andrew M. Cohen
Stock symbol
ZUO
Transactions as of
Sep 30, 2024
Transactions value $
$0
Form type
4
Date filed
10/2/2024, 06:09 PM
Previous filing
Jul 12, 2024
Next filing
Oct 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 +16.7K +11.21% $0.00 165K Sep 30, 2024 Direct
transaction ZUO Class A Common Stock Options Exercise $0 +14.2K +8.57% $0.00 179K Sep 30, 2024 Direct
transaction ZUO Class A Common Stock Options Exercise $0 +13.3K +7.43% $0.00 193K Sep 30, 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 -16.7K -50% $0.00 16.7K Sep 30, 2024 Class A Common Stock 16.7K Direct F1, F2, F3
transaction ZUO Restricted Stock Units (RSU)(Class A) Options Exercise $0 -14.2K -14.29% $0.00 85K Sep 30, 2024 Class A Common Stock 14.2K Direct F1, F3, F4
transaction ZUO Restricted Stock Units (RSU)(Class A) Options Exercise $0 -13.3K -9.09% $0.00 133K Sep 30, 2024 Class A Common Stock 13.3K 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.