Filing Details
- Accession Number:
- 0001423774-25-000026
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-01-03 16:29:01
- Reporting Period:
- 2024-12-31
- Accepted Time:
- 2025-01-03 16:29:01
- 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 |
|---|---|---|---|---|---|---|---|
| 1791403 | J. Robert Traube | C/O Zuora, Inc. 101 Redwood Shores Parkway Redwood City CA 94065 | Chief Revenue Officer | No | Yes | No | 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 | 2024-12-31 | 18,750 | $0.00 | 129,935 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2024-12-31 | 20,833 | $0.00 | 150,768 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2024-12-31 | 27,083 | $0.00 | 177,851 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2024-12-31 | 26,940 | $0.00 | 204,791 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2024-12-31 | 25,000 | $0.00 | 229,791 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2025-01-02 | 60,885 | $9.93 | 168,906 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Restricted Stock Units (RSU)(Class A) | Disposition | 2024-12-31 | 18,750 | $0.00 | 18,750 | $0.00 |
| Class A Common Stock | Restricted Stock Units (RSU)(Class A) | Disposition | 2024-12-31 | 20,833 | $0.00 | 20,833 | $0.00 |
| Class A Common Stock | Restricted Stock Units (RSU)(Class A) | Disposition | 2024-12-31 | 27,083 | $0.00 | 27,083 | $0.00 |
| Class A Common Stock | Restricted Stock Units (RSU)(Class A) | Disposition | 2024-12-31 | 26,940 | $0.00 | 26,940 | $0.00 |
| Class A Common Stock | Restricted Stock Units (RSU)(Class A) | Disposition | 2024-12-31 | 25,000 | $0.00 | 25,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 18,750 | No | 4 | M | Direct | ||
| 20,834 | No | 4 | M | Direct | ||
| 135,417 | No | 4 | M | Direct | ||
| 26,941 | No | 4 | M | Direct | ||
| 225,000 | No | 4 | M | Direct |
Footnotes
- Includes 1,481 shares of Class A Common Stock acquired on December 13, 2024, pursuant to Zuora's employee stock purchase plan.
- The shares were sold to satisfy the tax liability of the Reporting Person in connection with the issuance of Class A Common Stock resulting from the vesting of restricted stock units under the Zuora, Inc. 2018 Equity Incentive Plan ("Plan"). The shares for the Reporting Person were aggregated with shares sold to satisfy tax liability for all other Plan participants, and all such shares were sold on January 2, 2025. The price reported in Column 4 is the weighted average price. Shares were sold in multiple transactions at prices between $9.92 and $9.95. 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 1/16 of the shares underlying the initial award vesting on June 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 1/12 of the shares underlying the initial award vesting on June 30, 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.
- 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.
- The RSUs vest over two years, with 1/8 of the shares underlying the award vesting on June 30, 2023, and the remaining shares vesting as to 1/8 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.
- 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.
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