Shasta Ventures II GP, LLC 4
4 · ZUORA INC · Filed Sep 6, 2018
Insider Transaction Report
Form 4
ZUORA INCZUO
Shasta Ventures II LP
Director
Transactions
- Other
Class A Common Stock
2018-09-04+19,210→ 19,210 total(indirect: By LLC) - Other
Class A Common Stock
2018-09-04−19,210→ 0 total(indirect: By LLC) - Conversion
Class A Common Stock
2018-09-04+1,921,040→ 1,921,040 total - Other
Class A Common Stock
2018-09-04−1,921,040→ 0 total - Conversion
Class B Common Stock
2018-09-04−1,921,040→ 5,763,122 totalExercise: $0.00→ Class A Common Stock (1,921,040 underlying)
Footnotes (5)
- [F1]Represents a pro rata in kind distribution without consideration, and not a purchase or sale of securities, by Shasta Ventures II, L.P. to its respective partners, including its general partner, Shasta Ventures II GP, LLC.
- [F2]Represents the receipt of shares in the pro rata in kind distribution of Class A Common Stock of the Issuer by Shasta Ventures II GP, LLC described in footnote 1.
- [F3]Shasta Ventures II GP, LLC is the general partner of Shasta Ventures II, L.P.
- [F4]Represents a pro rata in kind distribution of Class A Common Stock of the Issuer by Shasta Ventures II GP, LLC without consideration to its members.
- [F5]Each share of the issuer's Class B Common Stock will convert into 1 share of the issuer's Class A Common Stock (a) at the option of the holder and (b) automatically upon (i) any transfer, except for certain permitted transfers, and (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 the 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 the issuer's common stock, and has no expiration date.