Home > Insider Trading > Filing (0001423774-24-000088)

Filing Details

Accession Number:: 0001423774-24-000088
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-04-02 16:30:13
Reporting Period:: 2024-03-31

Accepted Time:: 2024-04-02 16:30:13
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

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2024-03-31	12,500	$0.00	18,852	No	4	M	Direct
Class A Common Stock	Acquisiton	2024-03-31	58,333	$0.00	77,185	No	4	M	Direct
Class A Common Stock	Acquisiton	2024-04-01	10,802	$0.00	87,987	No	4	M	Direct
Class A Common Stock	Disposition	2024-04-01	81,635	$8.87	6,352	No	4	S	Direct

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

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Restricted Stock Units (RSU)(Class A)	Disposition	2024-03-31	12,500	$0.00	12,500	$0.00
Class A Common Stock	Restricted Stock Units (RSU)(Class A)	Disposition	2024-03-31	58,333	$0.00	58,333	$0.00
Class B Common Stock	Stock Option (Right to buy Class B Common Stock)	Disposition	2024-04-01	10,802	$0.00	10,802	$3.04
Class A Common Stock	Class B Common Stock	Acquisiton	2024-04-01	10,802	$0.00	10,802	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2024-04-01	10,802	$0.00	10,802	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
50,000		No	4	M	Direct
466,668		No	4	M	Direct
1,323,683	2024-11-18	No	4	M	Direct
10,802		No	4	M	Direct
0		No	4	C	Direct

Reported Derivative Holdings

Show Other Fields >>

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Class B Common Stock	$0.00			7,256,203	7,256,203	Indirect
Class A Common Stock	Class B Common Stock	$0.00			640,542	640,542	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	7,256,203	7,256,203	Indirect
	640,542	640,542	Indirect

Footnotes

This transaction was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on June 22, 2023.
Represents the weighted average sale price. The lowest price at which shares were sold was $8.72 and the highest price at which shares were sold was $9.12. 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.
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.
The RSUs vest over four years, with 1/8 of the shares underlying the initial award vesting on September 30, 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.
RSUs do not expire; these securities either vest and settle or are canceled prior to the vesting date.
The RSUs vest over three years, with 1/6 of the shares underlying the initial award vesting on September 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.
This option is fully vested and exercisable.
Each share of Zuora's Class B Common Stock will convert into one share of Zuora'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 Zuora'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 Zuora's common stock, and has no expiration date.
The Reporting Person is a trustee of the 70 Thirty Trust.
The Reporting Person is a trustee of The Next Left Trust.