Bond Sarah 4
4 · ZUORA INC · Filed Jul 23, 2020
Insider Transaction Report
Form 4
ZUORA INCZUO
Bond Sarah
Director
Transactions
- Award
Class A Common Stock
2020-07-21+23,070→ 23,070 total
Footnotes (1)
- [F1]Reflects Restricted Stock Units (RSUs) granted on July 21, 2020, upon the appointment of the Reporting Person to the Issuer's Board of Directors. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs will vest and convert into shares of the Issuer's Class A Common Stock as to 1/3rd of the total number of RSUs subject to the award on each of July 21, 2021, July 21, 2022, and July 21, 2023, in each case, so long as the Reporting Person continues to provide services to the Issuer through such date. The vesting of the RSUs shall accelerate in full upon the consummation of a Corporate Transaction, as defined in the Issuer's 2018 Equity Incentive Plan.