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Filing Details

Accession Number:: 0001423774-22-000002
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-01-12 16:07:55
Reporting Period:: 2022-01-10

Accepted Time:: 2022-01-12 16:07:55
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1423774	Zuora Inc	ZUO	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1312322	Jennifer Pileggi	C/O Zuora, Inc. 101 Redwood Shores Parkway Redwood City CA 94065	Svp, Gc And Corp. Secretary	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2022-01-10	1,822	$0.00	10,708	No	4	M	Direct
Class A Common Stock	Acquisiton	2022-01-10	2,084	$0.00	12,792	No	4	M	Direct
Class A Common Stock	Disposition	2022-01-10	3,906	$16.05	8,886	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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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	2022-01-10	1,822	$0.00	1,822	$7.94
Class A Common Stock	Class B Common Stock	Acquisiton	2022-01-10	1,822	$0.00	1,822	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2022-01-10	1,822	$0.00	1,822	$0.00
Class A Common Stock	Stock Option (Right to buy Class A Common Stock)	Disposition	2022-01-10	2,084	$0.00	2,084	$11.53

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
16,240	2028-03-08	No	4	M	Direct
1,822		No	4	M	Direct
0		No	4	C	Direct
56,250	2030-05-11	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	50,000	Indirect	By The Bradley and Jennifer Pileggi Trust

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 $15.67 and the highest price at which shares were sold was $16.50. 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 securities are held of record by The Bradley and Jennifer Pileggi Trust, of which the Reporting Person is a trustee.
The option vests over four years, with 1/48 of the shares vesting on March 8, 2018 and the remaining shares vesting as to 1/48 of the award monthly thereafter, so long as the Reporting Person continues to provide services to the Issuer through each vesting date.
Each share of the issuer's Class B Common Stock will convert into 1 share of the issuer's Class A Common Stock (a) at the option of the holder and (b) automatically upon (i) any transfer, except for certain permitted transfers, and (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.
The option vests over four years, with 1/48 of the shares vesting on May 1, 2020 and the remaining shares vesting as to 1/48 of the award monthly thereafter, so long as the Reporting Person continues to provide services to the Issuer through each vesting date.