0001423774-23-000128.txt : 20230705
0001423774-23-000128.hdr.sgml : 20230705
20230705214456
ACCESSION NUMBER: 0001423774-23-000128
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230630
FILED AS OF DATE: 20230705
DATE AS OF CHANGE: 20230705
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: McElhatton Todd
CENTRAL INDEX KEY: 0001815346
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38451
FILM NUMBER: 231071932
MAIL ADDRESS:
STREET 1: 101 REDWOOD SHORES PARKWAY
CITY: REDWOOD CITY
STATE: CA
ZIP: 94065
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: 101 REDWOOD SHORES PARKWAY
CITY: REDWOOD CITY
STATE: CA
ZIP: 94065
BUSINESS PHONE: 888-976-9056
MAIL ADDRESS:
STREET 1: 101 REDWOOD SHORES PARKWAY
CITY: REDWOOD CITY
STATE: CA
ZIP: 94065
4
1
wk-form4_1688607882.xml
FORM 4
X0407
4
2023-06-30
0
0001423774
ZUORA INC
ZUO
0001815346
McElhatton Todd
C/O ZUORA, INC.
101 REDWOOD SHORES PARKWAY
REDWOOD CITY
CA
94065
0
1
0
0
Chief Financial Officer
0
Class A Common Stock
2023-06-30
4
M
0
9375
0
A
145150
D
Class A Common Stock
2023-06-30
4
M
0
18750
0
A
163900
D
Class A Common Stock
2023-06-30
4
M
0
20833
0
A
184733
D
Class A Common Stock
2023-06-30
4
M
0
25000
0
A
209733
D
Class A Common Stock
2023-06-30
4
M
0
6465
0
A
216198
D
Class A Common Stock
2023-07-05
4
S
0
38323
10.0756
D
177875
D
Restricted Stock Units (RSU)(Class A)
2023-06-30
4
M
0
9375
0
D
Class A Common Stock
9375
37500
D
Restricted Stock Units (RSU)(Class A)
2023-06-30
4
M
0
18750
0
D
Class A Common Stock
18750
131250
D
Restricted Stock Units (RSU)(Class A)
2023-06-30
4
M
0
20833
0
D
Class A Common Stock
20833
145834
D
Restricted Stock Units (RSU)(Class A)
2023-06-30
4
M
0
25000
0
D
Class A Common Stock
25000
275000
D
Restricted Stock Units (RSU)(Class A)
2023-06-30
4
M
0
6465
0
D
Class A Common Stock
6465
45259
D
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 through five of Table I.
Represents the weighted average sale price. The lowest price at which shares were sold was $10.0609 and the highest price at which shares were sold was $10.0762. 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.
Each RSU represents a contingent right to receive one share of Zuora's Class A Common Stock upon vesting for no consideration.
The RSUs vest over four years, with 1/4 of the shares underlying the initial award vesting on June 30, 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.
RSUs do not expire; these securities either vest and settle or are canceled prior to the vesting date.
The RSUs vest over four years, with 1/16 of the shares underlying the initial award vesting on June 30, 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.
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.
The RSUs vest over three years, with 1/12 of the shares underlying the initial award vesting on June 30, 2023, 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.
The RSUs vest over two years, with 1/8 of the shares underlying the initial award vesting on June 30, 2023, and the remaining shares vesting as to 1/8 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.
/s/ Sylvia Lexington as attorney-in-fact for Todd McElhatton
2023-07-05