Key facts
- This page summarizes Sri Srinivasan's Form 4 filing for ZUORA INC.
- 5 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 04 Apr 2023, 20:17.
Sri Srinivasan - 31 Mar 2023 Form 4 Insider Report for ZUORA INC
- Reporting relationship
- Chief Product & Tech Officer
- Issuer ticker
- N/A
- Reported as of
- 31 Mar 2023
- Net transaction value
- -$149,062
- SEC form
- 4
- Accepted by SEC
- 04 Apr 2023, 20:17:24 UTC
- Prior SEC filing
- 08 Mar 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Andrew M. Cohen as attorney-in-fact for Sri Srinivasan
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Sri Srinivasan filed Form 4 for ZUORA INC on 04 Apr 2023.
Change
- Previous filing in this sequence was filed on 08 Mar 2023.
- Current net transaction value: -$149,062.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ZUO
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +17,500
- Change %
- +16%
- Price
- $0.000000
- Shares after
- 127,725
- Date
- 31 Mar 2023
- Ownership
- Direct
ZUO
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +20,833
- Change %
- +16%
- Price
- $0.000000
- Shares after
- 148,558
- Date
- 31 Mar 2023
- Ownership
- Direct
ZUO
transaction
Class A Common Stock
Sale
- Transaction value
- $149,062
- Shares
- -15,952
- Change %
- -11%
- Price
- $9.34
- Shares after
- 132,606
- Date
- 03 Apr 2023
- Ownership
- Direct
- Footnotes
- F1, F2
ZUO
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 2,000
- Date
- 31 Mar 2023
- Ownership
- By The Srinivasan Muthuswamy Trust, Dated May 7th, 2015
- Footnotes
- F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ZUO
transaction
Derivative
Restricted Stock Units (RSU)(Class A)
Options Exercise
- Transaction value
- $0
- Shares
- -17,500
- Change %
- -12%
- Price
- $0.000000
- Shares after
- 122,500
- Date
- 31 Mar 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 17,500
- Exercise price
- Footnotes
- F4, F5, F6
ZUO
transaction
Derivative
Restricted Stock Units (RSU)(Class A)
Options Exercise
- Transaction value
- $0
- Shares
- -20,833
- Change %
- -11%
- Price
- $0.000000
- Shares after
- 166,667
- Date
- 31 Mar 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 20,833
- Exercise price
- Footnotes
- F4, F6, F7
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Sri Srinivasan is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 7 footnotes
Footnote F1
Shares sold to satisfy the Reporting Person's tax liability in connection with the issuance of Class A Common Stock resulting from the vesting of restricted stock units ("RSUs") as reported in rows one and two of Table I.
Footnote F2
Represents the weighted average sale price. The lowest price at which shares were sold was $9.3435 and the highest price at which shares were sold was $9.3807. 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.
Footnote F3
The securities are held of record by The Srinivasan Muthuswamy Trust, Dated May 7th, 2015, of which the Reporting Person is trustee.
Footnote F4
Each RSU represents a contingent right to receive one share of Zuora's Class A Common Stock upon vesting for no consideration.
Footnote F5
The RSUs vest over four years, with 1/4 of the shares underlying the initial award vesting on December 31, 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.
Footnote F6
RSUs do not expire; these securities either vest and settle or are canceled prior to the vesting date.
Footnote F7
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.