Jason Pressman - 14 Feb 2025 Form 4 Insider Report for ZUORA INC

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
14 Feb 2025, 16:06:08 UTC
Prior SEC filing
12 Nov 2024
Next SEC filing
12 Jun 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Diana Lorenz as attorney-in-fact for Jason Pressman

Key filing fact

Jason Pressman filed Form 4 for ZUORA INC on 14 Feb 2025.

Key facts

  • This page summarizes Jason Pressman's Form 4 filing for ZUORA INC.
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 14 Feb 2025, 16:06.

Change

  • Previous filing in this sequence was filed on 12 Nov 2024.
  • Current net transaction value: -$1,307,780.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ZUO transaction

Class A Common Stock

Disposed to Issuer

Transaction value
$690,670
Shares
-69,067
Change %
-100%
Price
$10.00
Shares after
0
Date
14 Feb 2025
Ownership
Direct
Footnotes
F1, F2
ZUO transaction

Class A Common Stock

Disposed to Issuer

Transaction value
$438,990
Shares
-43,899
Change %
-100%
Price
$10.00
Shares after
0
Date
14 Feb 2025
Ownership
By The 2016 Jason Pressman Trust U/D/T March 8, 2016
Footnotes
F1, F3
ZUO transaction

Class A Common Stock

Disposed to Issuer

Transaction value
$178,120
Shares
-17,812
Change %
-100%
Price
$10.00
Shares after
0
Date
14 Feb 2025
Ownership
By Shasta Ventures II GP, LLC
Footnotes
F1, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Jason Pressman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

On February 19, 2025 (the "Effective Time"), pursuant to the Agreement and Plan of Merger (the "Merger Agreement), dated as of October 17, 2024, by and among Zodiac Purchaser, L.L.C. ("Parent"), Zodiac Acquisition Sub, Inc. ("Merger Sub") and Zuora, Inc. (the "Company"), Merger Sub merged with and into the Company with the Company surviving the merger as a wholly owned subsidiary of Parent, and at the Effective Time, each of the Reporting Person's shares of Class A Common Stock (the "Common Stock") issued and outstanding immediately prior to the Effective Time were automatically canceled and converted into the right to receive cash in an amount equal to $10.00 per share, without interest thereon and subject to any applicable withholding taxes (the "Merger Consideration").

Footnote F2

Includes unvested restricted stock units ("RSUs") of the Company. Pursuant to the Merger Agreement, at the Effective Time, each of the Reporting Person's RSUs, whether or not vested, outstanding immediately prior to the Effective Time were automatically canceled and converted into the right to receive cash equal to the product of the number of shares of Common Stock subject to the RSU multiplied by the Merger Consideration (the "Converted RSU Award"). The Converted RSU Award will vest and become payable subject to and in accordance with the same vesting schedule and other terms and conditions applicable to the corresponding RSU immediately prior to the Effective Time, including any acceleration of vesting provisions.

Footnote F3

The shares are held by the 2016 Jason Pressman U/D/T March 8, 2016. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.

Footnote F4

These shares are owned directly by Shasta Ventures II GP, LLC. The Reporting Person is a managing director of Shasta Ventures II GP, LLC and disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.

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