4//SEC Filing
Pressman Jason 4
Accession 0001140361-25-004779
CIK 0001423774other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 4:06 PM ET
Size
10.0 KB
Accession
0001140361-25-004779
Insider Transaction Report
Form 4
ZUORA INCZUO
Pressman Jason
Director
Transactions
- Disposition to Issuer
Class A Common Stock
2025-02-14$10.00/sh−69,067$690,670→ 0 total - Disposition to Issuer
Class A Common Stock
2025-02-14$10.00/sh−43,899$438,990→ 0 total(indirect: By Trust) - Disposition to Issuer
Class A Common Stock
2025-02-14$10.00/sh−17,812$178,120→ 0 total(indirect: By LLC)
Footnotes (4)
- [F1]On February 19, 2025 (the "Effective Time"), pursuant to the Agreement and Plan of Merger (the "Merger Agreement), dated as of October 17, 2024, by and among Zodiac Purchaser, L.L.C. ("Parent"), Zodiac Acquisition Sub, Inc. ("Merger Sub") and Zuora, Inc. (the "Company"), Merger Sub merged with and into the Company with the Company surviving the merger as a wholly owned subsidiary of Parent, and at the Effective Time, each of the Reporting Person's shares of Class A Common Stock (the "Common Stock") issued and outstanding immediately prior to the Effective Time were automatically canceled and converted into the right to receive cash in an amount equal to $10.00 per share, without interest thereon and subject to any applicable withholding taxes (the "Merger Consideration").
- [F2]Includes unvested restricted stock units ("RSUs") of the Company. Pursuant to the Merger Agreement, at the Effective Time, each of the Reporting Person's RSUs, whether or not vested, outstanding immediately prior to the Effective Time were automatically canceled and converted into the right to receive cash equal to the product of the number of shares of Common Stock subject to the RSU multiplied by the Merger Consideration (the "Converted RSU Award"). The Converted RSU Award will vest and become payable subject to and in accordance with the same vesting schedule and other terms and conditions applicable to the corresponding RSU immediately prior to the Effective Time, including any acceleration of vesting provisions.
- [F3]The shares are held by the 2016 Jason Pressman U/D/T March 8, 2016. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.
- [F4]These shares are owned directly by Shasta Ventures II GP, LLC. The Reporting Person is a managing director of Shasta Ventures II GP, LLC and disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.
Documents
Issuer
ZUORA INC
CIK 0001423774
Entity typeother
Related Parties
1- filerCIK 0001649999
Filing Metadata
- Form type
- 4
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 4:06 PM ET
- Size
- 10.0 KB