Filing Details
- Accession Number:
- 0001423774-21-000136
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-12-08 17:58:30
- Reporting Period:
- 2021-12-06
- Accepted Time:
- 2021-12-08 17:58:30
- SEC Url:
- Form 4 Filing
Issuer
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 | 2021-12-06 | 3,646 | $0.00 | 18,626 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2021-12-06 | 4,167 | $11.53 | 22,793 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2021-12-06 | 16,896 | $18.71 | 5,897 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2021-12-07 | 5,897 | $20.00 | 0 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2021-12-08 | 1,823 | $0.00 | 1,823 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2021-12-08 | 2,083 | $11.53 | 3,906 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2021-12-08 | 3,906 | $20.13 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | 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 | 2021-12-06 | 3,646 | $0.00 | 3,646 | $7.94 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2021-12-06 | 3,646 | $0.00 | 3,646 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2021-12-06 | 3,646 | $0.00 | 3,646 | $0.00 |
| Class A Common Stock | Stock Option (Right to buy Class A Common Stock) | Disposition | 2021-12-06 | 4,167 | $0.00 | 4,167 | $11.53 |
| Class B Common Stock | Stock Option (Right to buy Class B Common Stock) | Disposition | 2021-12-08 | 1,823 | $0.00 | 1,823 | $7.94 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2021-12-08 | 1,823 | $0.00 | 1,823 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2021-12-08 | 1,823 | $0.00 | 1,823 | $0.00 |
| Class A Common Stock | Stock Option (Right to buy Class A Common Stock) | Disposition | 2021-12-08 | 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 |
|---|---|---|---|---|---|---|
| 19,885 | 2028-03-08 | No | 4 | M | Direct | |
| 3,646 | No | 4 | M | Direct | ||
| 0 | No | 4 | C | Direct | ||
| 60,417 | 2030-05-11 | No | 4 | M | Direct | |
| 18,062 | 2028-03-08 | No | 4 | M | Direct | |
| 1,823 | No | 4 | M | Direct | ||
| 0 | No | 4 | C | Direct | ||
| 58,334 | 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
- This transaction was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
- Represents the weighted average sale price. The lowest price at which shares were sold was $18.37 and the highest price at which shares were sold was $19.09. 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.
- Represents the weighted average sale price. The lowest price at which shares were sold was $19.64 and the highest price at which shares were sold was $20.39. 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.
- The securities are held of record by The Bradley and Jennifer Pileggi Trust, of which the Reporting Person is a trustee.
- 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.
- 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.
- 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.
Billionaire Hedge Funds
