4//SEC Filing
Pileggi Jennifer 4
Accession 0001423774-21-000136
CIK 0001423774other
Filed
Dec 7, 7:00 PM ET
Accepted
Dec 8, 5:58 PM ET
Size
32.7 KB
Accession
0001423774-21-000136
Insider Transaction Report
Form 4
ZUORA INCZUO
Pileggi Jennifer
SVP, GC and Corp. Secretary
Transactions
- Sale
Class A Common Stock
2021-12-07$20.00/sh−5,897$117,940→ 0 total - Exercise/Conversion
Class A Common Stock
2021-12-08$11.53/sh+2,083$24,017→ 3,906 total - Exercise/Conversion
Class B Common Stock
2021-12-06+3,646→ 3,646 totalExercise: $0.00→ Class A Common Stock (3,646 underlying) - Exercise/Conversion
Stock Option (Right to buy Class A Common Stock)
2021-12-06−4,167→ 60,417 totalExercise: $11.53Exp: 2030-05-11→ Class A Common Stock (4,167 underlying) - Exercise/Conversion
Class B Common Stock
2021-12-08+1,823→ 1,823 totalExercise: $0.00→ Class A Common Stock (1,823 underlying) - Exercise/Conversion
Stock Option (Right to buy Class A Common Stock)
2021-12-08−2,083→ 58,334 totalExercise: $11.53Exp: 2030-05-11→ Class A Common Stock (2,083 underlying) - Sale
Class A Common Stock
2021-12-06$18.71/sh−16,896$316,156→ 5,897 total - Conversion
Class B Common Stock
2021-12-06−3,646→ 0 totalExercise: $0.00→ Class A Common Stock (3,646 underlying) - Exercise/Conversion
Class A Common Stock
2021-12-06+3,646→ 18,626 total - Exercise/Conversion
Class A Common Stock
2021-12-08+1,823→ 1,823 total - Exercise/Conversion
Stock Option (Right to buy Class B Common Stock)
2021-12-08−1,823→ 18,062 totalExercise: $7.94Exp: 2028-03-08→ Class B Common Stock (1,823 underlying) - Conversion
Class B Common Stock
2021-12-08−1,823→ 0 totalExercise: $0.00→ Class A Common Stock (1,823 underlying) - Exercise/Conversion
Class A Common Stock
2021-12-06$11.53/sh+4,167$48,046→ 22,793 total - Sale
Class A Common Stock
2021-12-08$20.13/sh−3,906$78,643→ 0 total - Exercise/Conversion
Stock Option (Right to buy Class B Common Stock)
2021-12-06−3,646→ 19,885 totalExercise: $7.94Exp: 2028-03-08→ Class B Common Stock (3,646 underlying)
Holdings
- 50,000(indirect: By Trust)
Class A Common Stock
Footnotes (7)
- [F1]This transaction was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
- [F2]Represents the weighted average sale price. The lowest price at which shares were sold was $18.37 and the highest price at which shares were sold was $19.09. The Reporting Person undertakes to provide upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth in this footnote.
- [F3]Represents the weighted average sale price. The lowest price at which shares were sold was $19.64 and the highest price at which shares were sold was $20.39. The Reporting Person undertakes to provide upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth in this footnote.
- [F4]The securities are held of record by The Bradley and Jennifer Pileggi Trust, of which the Reporting Person is a trustee.
- [F5]The option vests over four years, with 1/48 of the shares vesting on March 8, 2018 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.
- [F6]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 issuer'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 the issuer's common stock, and has no expiration date.
- [F7]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.
Documents
Issuer
ZUORA INC
CIK 0001423774
Entity typeother
Related Parties
1- filerCIK 0001312322
Filing Metadata
- Form type
- 4
- Filed
- Dec 7, 7:00 PM ET
- Accepted
- Dec 8, 5:58 PM ET
- Size
- 32.7 KB