Filing Details

Accession Number:
0001423774-21-000105
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-09-17 17:09:22
Reporting Period:
2021-09-15
Accepted Time:
2021-09-17 17:09:22
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1423774 Zuora Inc ZUO () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1312322 Jennifer Pileggi C/O Zuora, Inc.
101 Redwood Shores Parkway
Redwood City CA 94065
Svp, Gc And Corp. Secretary No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2021-09-15 38,264 $0.00 44,161 No 4 M Direct
Class A Common Stock Acquisiton 2021-09-15 20,900 $0.00 65,061 No 4 M Direct
Class A Common Stock Acquisiton 2021-09-15 1,823 $0.00 66,884 No 4 M Direct
Class A Common Stock Acquisiton 2021-09-15 2,083 $11.53 68,967 No 4 M Direct
Class A Common Stock Disposition 2021-09-15 63,070 $16.49 5,897 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Stock Option (Right to buy Class B Common Stock) Disposition 2021-09-15 38,264 $0.00 38,264 $3.28
Class A Common Stock Class B Common Stock Acquisiton 2021-09-15 38,264 $0.00 38,264 $0.00
Class A Common Stock Class B Common Stock Disposition 2021-09-15 38,264 $0.00 38,264 $0.00
Class B Common Stock Stock Option (Right to buy Class B Common Stock) Disposition 2021-09-15 20,900 $0.00 20,900 $3.48
Class A Common Stock Class B Common Stock Acquisiton 2021-09-15 20,900 $0.00 20,900 $0.00
Class A Common Stock Class B Common Stock Disposition 2021-09-15 20,900 $0.00 20,900 $0.00
Class B Common Stock Stock Option (Right to buy Class B Common Stock) Disposition 2021-09-15 1,823 $0.00 1,823 $7.94
Class A Common Stock Class B Common Stock Acquisiton 2021-09-15 1,823 $0.00 1,823 $0.00
Class A Common Stock Class B Common Stock Disposition 2021-09-15 1,823 $0.00 1,823 $0.00
Class A Common Stock Stock Option (Right to buy Class A Common Stock) Disposition 2021-09-15 2,083 $0.00 2,083 $11.53
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2027-02-04 No 4 M Direct
38,264 No 4 M Direct
0 No 4 C Direct
0 2025-11-17 No 4 M Direct
20,900 No 4 M Direct
0 No 4 C Direct
23,531 2028-03-08 No 4 M Direct
1,823 No 4 M Direct
0 No 4 C Direct
64,584 2030-05-11 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 50,000 Indirect By The Bradley and Jennifer Pileggi Trust
Footnotes
  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 $16.21 and the highest price at which shares were sold was $16.71. 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.