Filing Details

Accession Number:
0001423774-22-000127
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-07-05 19:33:25
Reporting Period:
2022-06-30
Accepted Time:
2022-07-05 19:33:25
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1423774 Zuora Inc ZUO Services-Prepackaged Software (7372) 205530976
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1846803 Sri Srinivasan C/O Zuora, Inc.
101 Redwood Shores Parkway
Redwood City CA 94065
Chief Product & Tech Officer 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 2022-06-30 17,500 $0.00 39,732 No 4 M Direct
Class A Common Stock Acquisiton 2022-06-30 20,833 $0.00 60,565 No 4 M Direct
Class A Common Stock Acquisiton 2022-06-30 40,000 $0.00 100,565 No 4 M Direct
Class A Common Stock Disposition 2022-07-01 31,221 $8.93 69,344 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 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Restricted Stock Units (RSU)(Class A) Disposition 2022-06-30 17,500 $0.00 17,500 $0.00
Class A Common Stock Restricted Stock Units (RSU)(Class A) Disposition 2022-06-30 40,000 $0.00 40,000 $0.00
Class A Common Stock Restricted Stock Units (RSU)(Class A) Disposition 2022-06-30 20,833 $0.00 20,833 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
175,000 No 4 M Direct
80,000 No 4 M Direct
229,167 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 2,000 Indirect By The Srinivasan Muthuswamy Trust, Dated May 7th, 2015
Footnotes
  1. Shares sold to satisfy the Reporting Person's tax liability in connection with the issuance of Class A Common Stock resulting from the vesting of restricted stock units ("RSUs") as reported in rows one, two and three of Table I.
  2. The securities are held of record by The Srinivasan Muthuswamy Trust, Dated May 7th, 2015, of which the Reporting Person is trustee.
  3. Each RSU represents a contingent right to receive one share of Zuora's Class A Common Stock upon vesting for no consideration.
  4. The RSUs vest over four years, with 1/4 of the shares underlying the initial award vesting on December 31, 2021, and the remaining shares vesting as to 1/16 of the shares underlying the initial award quarterly thereafter, so long as the Reporting Person continues to provide services to Zuora through each vesting date.
  5. RSUs do not expire; these securities either vest and settle or are canceled prior to the vesting date.
  6. The RSUs vest over three years, with 1/3 of the shares underlying the initial award vesting on June 30, 2022, and the remaining shares vesting as to 1/3 of the shares underlying the initial award on each of June 30, 2023 and June 30, 2024, so long as the Reporting Person continues to provide services to Zuora through each vesting date.
  7. The RSUs vest over three years, with 1/12 of the shares underlying the initial award vesting on June 30, 2022, and the remaining shares vesting as to 1/12 of the shares underlying the initial award quarterly thereafter, so long as the Reporting Person continues to provide services to Zuora through each vesting date.