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ZUO Zuora Inc

9.81
-0.05 (-0.51%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Zuora Inc NYSE:ZUO NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.05 -0.51% 9.81 10.08 9.81 9.95 946,916 01:00:00

Statement of Changes in Beneficial Ownership (4)

01/09/2021 10:46pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Pileggi Jennifer
2. Issuer Name and Ticker or Trading Symbol

ZUORA INC [ ZUO ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
SVP, GC and Corp. Secretary
(Last)          (First)          (Middle)

C/O ZUORA, INC., 101 REDWOOD SHORES PARKWAY
3. Date of Earliest Transaction (MM/DD/YYYY)

8/30/2021
(Street)

REDWOOD CITY, CA 94065
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 8/30/2021  M  12432 A$0 26624 D  
Class A Common Stock 8/30/2021  M  62146 A$0 88770 D  
Class A Common Stock 8/30/2021  M  33333 A$0 122103 D  
Class A Common Stock 8/30/2021  S(1)  114008 D$16.9207 (2)8095 D  
Class A Common Stock         50000 I By The Bradley and Jennifer Pileggi Trust (3)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to buy Class B Common Stock) $3.48 8/30/2021  M (1)    12432   (4)11/17/2025 Class B Common Stock 12432.0 $0 20900 D  
Class B Common Stock $0.0 (5)8/30/2021  M (1)  12432     (5) (5)Class A Common Stock 12432.0 $0 12432 D  
Class B Common Stock $0.0 (5)8/30/2021  C     12432   (5) (5)Class A Common Stock 12432.0 $0 0 D  
Stock Option (Right to buy Class B Common Stock) $7.94 8/30/2021  M (1)    62146   (6)3/8/2028 Class B Common Stock 62146.0 $0 25354 D  
Class B Common Stock $0.0 (5)8/30/2021  M (1)  62146     (5) (5)Class A Common Stock 62146.0 $0 62146 D  
Class B Common Stock $0.0 (5)8/30/2021  C     62146   (5) (5)Class A Common Stock 62146.0 $0 0 D  
Stock Option (Right to buy Class A Common Stock) $11.53 8/30/2021  M (1)    33333   (7)5/11/2030 Class A Common Stock 33333.0 $0 66667 D  

Explanation of Responses:
(1) This transaction was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
(2) Represents the weighted average sale price. The lowest price at which shares were sold was $16.56 and the highest price at which shares were sold was $17.03. 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.
(3) The securities are held of record by The Bradley and Jennifer Pileggi Trust, of which the Reporting Person is a trustee.
(4) The option is fully vested and exercisable.
(5) 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.
(6) 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.
(7) 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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Pileggi Jennifer
C/O ZUORA, INC.
101 REDWOOD SHORES PARKWAY
REDWOOD CITY, CA 94065


SVP, GC and Corp. Secretary

Signatures
/s/ Jennifer Pileggi9/1/2021
**Signature of Reporting PersonDate

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