Filing Details
- Accession Number:
- 0001735409-21-000002
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-01-26 17:24:29
- Reporting Period:
- 2021-01-22
- Accepted Time:
- 2021-01-26 17:24:29
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1423774 | Zuora Inc | ZUO | Services-Prepackaged Software (7372) | 205530976 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1735409 | Tien Tzuo | C/O Zuora, Inc. 101 Redwood Shores Parkway Redwood City CA 94065 | Chairman And Ceo | Yes | Yes | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2021-01-22 | 25,000 | $0.00 | 25,000 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2021-01-22 | 25,000 | $15.00 | 0 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2021-01-22 | 20,000 | $0.00 | 20,000 | No | 4 | C | Indirect | By The Next Left Trust |
| Class A Common Stock | Disposition | 2021-01-22 | 20,000 | $15.00 | 0 | No | 4 | S | Indirect | By The Next Left Trust |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Direct | |
| No | 4 | S | Direct | |
| No | 4 | C | Indirect | By The Next Left Trust |
| No | 4 | S | Indirect | By The Next Left Trust |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class B Common Stock | Stock Option (Right to buy Class B Common Stock) | Disposition | 2021-01-22 | 25,000 | $3.04 | 25,000 | $3.04 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2021-01-22 | 25,000 | $0.00 | 25,000 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2021-01-22 | 25,000 | $0.00 | 25,000 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2021-01-22 | 20,000 | $0.00 | 20,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1,891,285 | 2024-11-18 | No | 4 | M | Direct | |
| 25,000 | No | 4 | M | Direct | ||
| 0 | No | 4 | C | Direct | ||
| 708,804 | No | 4 | C | Indirect |
Footnotes
- This transaction was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
- Represents the weighted average sale price. The lowest price at which shares were sold was $15.00 and the highest price at which shares were sold was $15.02. The Reporting Person undertakes to provide upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth in this footnote.
- The Reporting Person is a trustee of The Next Left Trust.
- The option vested as to 100% of the underlying shares on November 18, 2019.
- Each share of the Issuer's Class B Common Stock will convert into one share of the Issuer's Class A Common Stock (a) at the option of the holder or (b) automatically upon (i) any transfer, except for certain permitted transfers, or (ii) the date that is the earliest of (x) the date specified by a vote of the holders of not less than 66 2/3% of the outstanding shares of Class B Common Stock, (y) ten years from the effective date of the Issuer's initial public offering and (z) the date that the total number of shares of outstanding Class B Common Stock ceases to represent at least 5% of all outstanding shares of the Issuer's common stock, and has no expiration date.
- Pursuant to a share transfer effected July 17, 2020, 364,402 shares of Class B Common Stock were transferred from the Tien Tzuo 2010 Annuity Trust (of which the Reporting Person was a trustee) to The Next Left Trust and 364,402 shares of Class B Common Stock were transferred from the Renyan Tzuo 2010 Annuity Trust (of which the Reporting Person's spouse was a trustee) to The Next Left Trust. The Reporting Person is a trustee of The Next Left Trust.
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