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Filing Details

Accession Number:: 0001423774-24-000220
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-07-15 17:48:02
Reporting Period:: 2024-07-11

Accepted Time:: 2024-07-15 17:48:02
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

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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	2024-07-11	28,891	$0.00	35,243	No	4	M	Direct
Class A Common Stock	Disposition	2024-07-11	28,891	$9.00	6,352	No	4	S	Direct
Class A Common Stock	Acquisiton	2024-07-12	11,200	$0.00	17,552	No	4	M	Direct
Class A Common Stock	Disposition	2024-07-12	11,200	$9.00	6,352	No	4	S	Direct
Class A Common Stock	Acquisiton	2024-07-15	81,731	$0.00	88,083	No	4	M	Direct
Class A Common Stock	Disposition	2024-07-15	81,731	$9.05	6,352	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	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	2024-07-11	28,891	$0.00	28,891	$3.04
Class A Common Stock	Class B Common Stock	Acquisiton	2024-07-11	28,891	$0.00	28,891	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2024-07-11	28,891	$0.00	28,891	$0.00
Class B Common Stock	Stock Option (Right to buy Class B Common Stock)	Disposition	2024-07-12	11,200	$0.00	11,200	$3.04
Class A Common Stock	Class B Common Stock	Acquisiton	2024-07-12	11,200	$0.00	11,200	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2024-07-12	11,200	$0.00	11,200	$0.00
Class B Common Stock	Stock Option (Right to buy Class B Common Stock)	Disposition	2024-07-15	81,731	$0.00	81,731	$3.04
Class A Common Stock	Class B Common Stock	Acquisiton	2024-07-15	81,731	$0.00	81,731	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2024-07-15	81,731	$0.00	81,731	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
825,269	2024-11-18	No	4	M	Direct
28,891		No	4	M	Direct
0		No	4	C	Direct
814,069	2024-11-18	No	4	M	Direct
11,200		No	4	M	Direct
0		No	4	C	Direct
732,338	2024-11-18	No	4	M	Direct
81,731		No	4	M	Direct
0		No	4	C	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Class B Common Stock	$0.00			7,371,703	7,371,703	Indirect
Class A Common Stock	Class B Common Stock	$0.00			640,542	640,542	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	7,371,703	7,371,703	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.
The Reporting Person intends to use a majority of the net proceeds from the sale of these shares of Zuora Class A Common Stock to fund future exercise(s), via exercise-and-hold transaction(s), of his outstanding stock option that expires on November 18, 2024 to acquire Zuora Class B Common Stock.
Represents the weighted average sale price. The lowest price at which shares were sold was $9.00 and the highest price at which shares were sold was $9.03. 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.
Represents the weighted average sale price. The lowest price at which shares were sold was $9.00 and the highest price at which shares were sold was $9.01. 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.
Represents the weighted average sale price. The lowest price at which shares were sold was $9.00 and the highest price at which shares were sold was $9.18. 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.
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.