Robert J. Traube - 31 Dec 2024 Form 4 Insider Report for ZUORA INC

Role: Chief Revenue Officer
Signature: /s/ Erika Ward as attorney-in-fact for Robert J. Traube
Issuer symbol: N/A
Transactions as of: 31 Dec 2024
Net transactions value: -$604,448
Form type: 4
Filing time: 03 Jan 2025, 16:29:01 UTC
Previous filing: 03 Oct 2024
Next filing: 05 Feb 2025
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	+18,750	+17%	$0.000000	129,935	31 Dec 2024	Direct	F1
transaction	ZUO	Class A Common Stock	Options Exercise	$0	+20,833	+16%	$0.000000	150,768	31 Dec 2024	Direct
transaction	ZUO	Class A Common Stock	Options Exercise	$0	+27,083	+18%	$0.000000	177,851	31 Dec 2024	Direct
transaction	ZUO	Class A Common Stock	Options Exercise	$0	+26,940	+15%	$0.000000	204,791	31 Dec 2024	Direct
transaction	ZUO	Class A Common Stock	Options Exercise	$0	+25,000	+12%	$0.000000	229,791	31 Dec 2024	Direct
transaction	ZUO	Class A Common Stock	Sale	$604,448	-60,885	-26%	$9.93	168,906	02 Jan 2025	Direct	F2

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	-18,750	-50%	$0.000000	18,750	31 Dec 2024	Class A Common Stock	18,750		Direct	F3, F4, F5
transaction	ZUO	Restricted Stock Units (RSU)(Class A)	Options Exercise	$0	-20,833	-50%	$0.000000	20,834	31 Dec 2024	Class A Common Stock	20,833		Direct	F3, F5, F6
transaction	ZUO	Restricted Stock Units (RSU)(Class A)	Options Exercise	$0	-27,083	-17%	$0.000000	135,417	31 Dec 2024	Class A Common Stock	27,083		Direct	F3, F5, F7
transaction	ZUO	Restricted Stock Units (RSU)(Class A)	Options Exercise	$0	-26,940	-50%	$0.000000	26,941	31 Dec 2024	Class A Common Stock	26,940		Direct	F3, F5, F8
transaction	ZUO	Restricted Stock Units (RSU)(Class A)	Options Exercise	$0	-25,000	-10%	$0.000000	225,000	31 Dec 2024	Class A Common Stock	25,000		Direct	F3, F5, F9

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

Explanation of Responses:

Id	Content
F1	Includes 1,481 shares of Class A Common Stock acquired on December 13, 2024, pursuant to Zuora's employee stock purchase plan.
F2	The shares were sold to satisfy the tax liability of the Reporting Person in connection with the issuance of Class A Common Stock resulting from the vesting of restricted stock units under the Zuora, Inc. 2018 Equity Incentive Plan ("Plan"). The shares for the Reporting Person were aggregated with shares sold to satisfy tax liability for all other Plan participants, and all such shares were sold on January 2, 2025. The price reported in Column 4 is the weighted average price. Shares were sold in multiple transactions at prices between $9.92 and $9.95. The Reporting Person undertakes to provide upon request to the staff of the U.S. Securities and Exchange Commission, Zuora or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth in this footnote.
F3	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.
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	RSUs do not expire; these securities either vest and settle or are canceled prior to the vesting date.
F6	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.
F7	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.
F8	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.
F9	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.