Andrew M. Cohen - 30 Jun 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
Issuer symbol
ZUO
Transactions as of
30 Jun 2024
Transactions value $
$0
Form type
4
Filing time
02 Jul 2024, 16:21:41 UTC
Previous filing
19 Apr 2024
Next filing
03 Jul 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 +16.7K +13.35% $0.00 142K 30 Jun 2024 Direct F1
transaction ZUO Class A Common Stock Options Exercise $0 +14.2K +10.01% $0.00 156K 30 Jun 2024 Direct
transaction ZUO Class A Common Stock Options Exercise $0 +13.3K +8.56% $0.00 169K 30 Jun 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 -33.33% $0.00 33.3K 30 Jun 2024 Class A Common Stock 16.7K Direct F2, F3, F4
transaction ZUO Restricted Stock Units (RSU)(Class A) Options Exercise $0 -14.2K -12.5% $0.00 99.2K 30 Jun 2024 Class A Common Stock 14.2K Direct F2, F4, F5
transaction ZUO Restricted Stock Units (RSU)(Class A) Options Exercise $0 -13.3K -8.33% $0.00 147K 30 Jun 2024 Class A Common Stock 13.3K Direct F2, F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 4,063 shares of Class A Common Stock acquired on June 14, 2024, pursuant to Zuora's employee stock purchase plan.
F2 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.
F3 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.
F4 RSUs do not expire; these securities either vest and settle or are canceled prior to the vesting date.
F5 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.
F6 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.