4//SEC Filing
Diouane Marc 4
Accession 0001502328-19-000003
CIK 0001423774other
Filed
Mar 27, 8:00 PM ET
Accepted
Mar 28, 5:39 PM ET
Size
21.2 KB
Accession
0001502328-19-000003
Insider Transaction Report
Form 4
ZUORA INCZUO
Diouane Marc
President
Transactions
- Sale
Class A Common Stock
2019-03-26$19.75/sh−129,007$2,548,314→ 2,778 total - Exercise/Conversion
Stock Option (Right to buy Class B Common Stock)
2019-03-26−33,636→ 166,247 totalExercise: $3.28Exp: 2027-02-04→ Class B Common Stock (33,636 underlying) - Exercise/Conversion
Class B Common Stock
2019-03-26+130,000→ 607,899 totalExercise: $0.00→ Class A Common Stock (130,000 underlying) - Conversion
Class A Common Stock
2019-03-26+130,000→ 131,785 total - Sale
Class A Common Stock
2019-03-26$20.22/sh−993$20,077→ 1,785 total - Exercise/Conversion
Stock Option (Right to buy Class B Common Stock)
2019-03-26−10,416→ 0 totalExercise: $3.04Exp: 2024-11-18→ Class B Common Stock (10,416 underlying) - Exercise/Conversion
Stock Option (Right to buy Class B Common Stock)
2019-03-26−85,948→ 39,051 totalExercise: $3.08Exp: 2026-05-24→ Class B Common Stock (85,948 underlying) - Conversion
Class B Common Stock
2019-03-26−130,000→ 477,899 totalExercise: $0.00→ Class A Common Stock (130,000 underlying)
Footnotes (9)
- [F1]Represents the number of shares that were acquired by the Reporting Person upon conversion of the shares of Class B Common Stock into Class A Common Stock in connection with the exercise of the stock options listed in Table II.
- [F2]Includes 1,785 shares of Class A Common Stock acquired on December 14, 2018 pursuant to the Issuer's employee stock purchase plan.
- [F3]This transaction was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
- [F4]Represents the weighted average sale price. The lowest price at which shares were sold was $19.18 and the highest price at which shares were sold was $20.16. 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 ranges set forth in footnotes 3 and 4 to this Form 4.
- [F5]Represents the weighted average sale price. The lowest price at which shares were sold was $20.19 and the highest price at which shares were sold was $20.24.
- [F6]The option vests as to 1/12 of the shares monthly following the January 1, 2018 vesting commencement date, with 100% of the total shares vested on January 1, 2019, subject to the Reporting Person's provision of service to the Issuer on each vesting date. The option contains an early-exercise provision and is exercisable as to unvested shares, subject to the Issuer's right of repurchase.
- [F7]The option vests as to 1/48th of the shares monthly following the February 1, 2017 vesting commencement date, with 100% of the total shares vested on February 1, 2021, subject to the reporting person's provision of service to the issuer on each vesting date. The option contains an early-exercise provision and is exercisable as to unvested shares, subject to the issuer's right of repurchase.
- [F8]The option vests as to 1/48th of the shares monthly following the May 24, 2016 vesting commencement date, with 100% of the total shares vested on May 24, 2020, subject to the reporting person's provision of service to the issuer on each vesting date. The option contains an early-exercise provision and is exercisable as to unvested shares, subject to the issuer's right of repurchase.
- [F9]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. The shares of Class A and Class B Common Stock have no expiration date.
Documents
Issuer
ZUORA INC
CIK 0001423774
Entity typeother
Related Parties
1- filerCIK 0001502328
Filing Metadata
- Form type
- 4
- Filed
- Mar 27, 8:00 PM ET
- Accepted
- Mar 28, 5:39 PM ET
- Size
- 21.2 KB