BATTAGLINI PAOLO 4
4 · ZUORA INC · Filed May 13, 2020
Insider Transaction Report
Form 4
ZUORA INCZUO
BATTAGLINI PAOLO
Interim CFO
Transactions
- Award
Restricted Stock Units (RSU)(Class A)
2020-05-11+40,000→ 40,000 total→ Class A Common Stock (40,000 underlying) - Award
Stock Option (Right to buy Class A Common Stock)
2020-05-11+20,000→ 20,000 totalExercise: $11.53Exp: 2030-05-11→ Class A Common Stock (20,000 underlying)
Footnotes (4)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement for no consideration.
- [F2]The RSU vests over four years, with 1/16 of the shares underlying the initial grant vesting on June 30, 2020 and the remaining shares vesting as to 1/16 of the award quarterly thereafter, so long as the Reporting Person continues to provide services to the Issuer through each vesting date.
- [F3]RSUs do not expire; these securities either vest and settle or are canceled prior to the vesting date.
- [F4]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.