4//SEC Filing
Srinivasan Sri 4
Accession 0001423774-22-000145
CIK 0001423774other
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 6:23 PM ET
Size
14.0 KB
Accession
0001423774-22-000145
Insider Transaction Report
Form 4
ZUORA INCZUO
Srinivasan Sri
Chief Product & Tech Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2022-09-30+17,500→ 86,844 total - Exercise/Conversion
Restricted Stock Units (RSU)(Class A)
2022-09-30−17,500→ 157,500 total→ Class A Common Stock (17,500 underlying) - Exercise/Conversion
Class A Common Stock
2022-09-30+20,833→ 107,677 total - Sale
Class A Common Stock
2022-10-03$7.08/sh−15,718$111,349→ 91,959 total - Exercise/Conversion
Restricted Stock Units (RSU)(Class A)
2022-09-30−20,833→ 208,334 total→ Class A Common Stock (20,833 underlying)
Holdings
- 2,000(indirect: By Trust)
Class A Common Stock
Footnotes (7)
- [F1]Shares sold to satisfy the Reporting Person's tax liability in connection with the issuance of Class A Common Stock resulting from the vesting of restricted stock units ("RSUs") as reported in rows one and two of Table I.
- [F2]Represents the weighted average sale price. The lowest price at which shares were sold was $7.0759 and the highest price at which shares were sold was $7.3950. 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.
- [F3]The securities are held of record by The Srinivasan Muthuswamy Trust, Dated May 7th, 2015, of which the Reporting Person is trustee.
- [F4]Each RSU represents a contingent right to receive one share of Zuora's Class A Common Stock upon vesting for no consideration.
- [F5]The RSUs vest over four years, with 1/4 of the shares underlying the initial award vesting on December 31, 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.
- [F6]RSUs do not expire; these securities either vest and settle or are canceled prior to the vesting date.
- [F7]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.
Documents
Issuer
ZUORA INC
CIK 0001423774
Entity typeother
Related Parties
1- filerCIK 0001846803
Filing Metadata
- Form type
- 4
- Filed
- Oct 3, 8:00 PM ET
- Accepted
- Oct 4, 6:23 PM ET
- Size
- 14.0 KB