0001423774-19-000121.txt : 20191101 0001423774-19-000121.hdr.sgml : 20191101 20191101161041 ACCESSION NUMBER: 0001423774-19-000121 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20191030 FILED AS OF DATE: 20191101 DATE AS OF CHANGE: 20191101 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Traube Robert J. CENTRAL INDEX KEY: 0001791403 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38451 FILM NUMBER: 191186934 MAIL ADDRESS: STREET 1: C/O ZUORA, INC. STREET 2: 3050 SOUTH DELAWARE STREET, SUITE 301 CITY: SAN MATEO STATE: CA ZIP: 94403 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ZUORA INC CENTRAL INDEX KEY: 0001423774 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 205530976 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 BUSINESS ADDRESS: STREET 1: 3050 SOUTH DELAWARE STREET STREET 2: SUITE 301 CITY: SAN MATEO STATE: CA ZIP: 94403 BUSINESS PHONE: 800-425-1281 MAIL ADDRESS: STREET 1: 3050 SOUTH DELAWARE STREET STREET 2: SUITE 301 CITY: SAN MATEO STATE: CA ZIP: 94403 4 1 wf-form4_157263902482901.xml FORM 4 X0306 4 2019-10-30 0 0001423774 ZUORA INC ZUO 0001791403 Traube Robert J. C/O ZUORA, INC. 3050 S. DELAWARE ST., #301 SAN MATEO CA 94403 0 1 0 0 Chief Revenue Officer Class A Common Stock 2019-10-30 4 A 0 100000 0 A 100000 D Class A Common Stock 2019-10-30 4 A 0 100000 0 A 200000 D Class A Common Stock 2019-10-31 4 S 0 48973 14.39 D 151027 D Stock Option (Right to buy Class A Common Stock) 14.35 2019-10-30 4 A 0 75000 0 A 2029-10-30 Class A Common Stock 75000.0 75000 D Stock Option (Right to buy Class A Common Stock) 14.35 2019-10-30 4 A 0 50000 0 A 2029-10-30 Class A Common Stock 50000.0 100000 D Stock Option (Right to buy Class A Common Stock) 14.35 2019-10-30 4 A 0 250000 0 A 2029-10-30 Class A Common Stock 250000.0 500000 D Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement for no consideration. The RSU vests over four years, with 1/4 of the total shares vesting on September 30, 2020 and the remaining shares vesting as to 1/16 of the total shares quarterly thereafter, so long as the Reporting Person continues to provide services to the Issuer through each vesting date. The RSU vested fully on October 30, 2019, the Reporting Person's employment start date with the Issuer. This transaction represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of the RSUs listed in row 2 of Table I. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person. The option vests over four years, with 1/48 of the total shares vesting on the first monthly anniversary of the vesting commencement date and the remaining shares vesting as to 1/48 of the total shares monthly thereafter, so long as the Reporting Person continues to provide services to the Issuer through each vesting date. The vesting commencement date for this option will be the vesting start date for the refresh stock grants to be awarded to the other members of Zuora's executive management team in calendar year 2021 (provided that such date shall be no later than May 1, 2021). The option vests over four years, with 1/48 of the total shares vesting on the first monthly anniversary of the vesting commencement date and the remaining shares vesting as to 1/48 of the total shares monthly thereafter, so long as the Reporting Person continues to provide services to the Issuer through each vesting date. The vesting commencement date for this option will be the vesting start date for the refresh stock grants to be awarded to the other members of Zuora's executive management team in calendar year 2022 (provided that such date shall be no later than May 1, 2022). The option vests over four years, with 1/4 of the total shares vesting on October 30, 2020 and the remaining shares vesting as to 1/48 of the total shares monthly thereafter, so long as the Reporting Person continues to provide services to the Issuer through each vesting date. /s/ Jennifer Pileggi as attorney-in-fact for Robert J. Traube 2019-11-01