0001423774-24-000187.txt : 20240702
0001423774-24-000187.hdr.sgml : 20240702
20240702162216
ACCESSION NUMBER: 0001423774-24-000187
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240630
FILED AS OF DATE: 20240702
DATE AS OF CHANGE: 20240702
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Tzuo Tien
CENTRAL INDEX KEY: 0001735409
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38451
FILM NUMBER: 241095692
MAIL ADDRESS:
STREET 1: C/O ZUORA, INC.
STREET 2: 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]
ORGANIZATION NAME: 06 Technology
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_1719951729.xml
FORM 4
X0508
4
2024-06-30
0
0001423774
ZUORA INC
ZUO
0001735409
Tzuo Tien
C/O ZUORA, INC.
101 REDWOOD SHORES PARKWAY
REDWOOD CITY
CA
94065
1
1
1
0
Chairman and CEO
1
Class A Common Stock
2024-06-30
4
M
0
12500
0
A
18852
D
Class A Common Stock
2024-06-30
4
M
0
58333
0
A
77185
D
Class A Common Stock
2024-07-01
4
S
0
70833
9.7306
D
6352
D
Restricted Stock Units (RSU)(Class A)
2024-06-30
4
M
0
12500
0
D
Class A Common Stock
12500
37500
D
Restricted Stock Units (RSU)(Class A)
2024-06-30
4
M
0
58333
0
D
Class A Common Stock
58333
408335
D
This transaction was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on June 22, 2023.
Represents the weighted average sale price. The lowest price at which shares were sold was $9.59 and the highest price at which shares were sold was $9.83. The Reporting Person undertakes to provide upon request to the staff of the U.S. Securities and Exchange Commission, Zuora 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 restricted stock unit ("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 1/8 of the shares underlying the initial award vesting on September 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 three years, with 1/6 of the shares underlying the initial award vesting on September 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.
/s/ Erika Ward as attorney-in-fact for Tien Tzuo
2024-07-02