0001423774-24-000220.txt : 20240715 0001423774-24-000220.hdr.sgml : 20240715 20240715174802 ACCESSION NUMBER: 0001423774-24-000220 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240711 FILED AS OF DATE: 20240715 DATE AS OF CHANGE: 20240715 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: 241118178 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_1721080075.xml FORM 4 X0508 4 2024-07-11 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 2024-07-11 4 M 0 28891 0 A 35243 D Class A Common Stock 2024-07-11 4 S 0 28891 9.0025 D 6352 D Class A Common Stock 2024-07-12 4 M 0 11200 0 A 17552 D Class A Common Stock 2024-07-12 4 S 0 11200 9.0006 D 6352 D Class A Common Stock 2024-07-15 4 M 0 81731 0 A 88083 D Class A Common Stock 2024-07-15 4 S 0 81731 9.0489 D 6352 D Stock Option (Right to buy Class B Common Stock) 3.04 2024-07-11 4 M 0 28891 0 D 2024-11-18 Class B Common Stock 28891 825269 D Class B Common Stock 2024-07-11 4 M 0 28891 0 A Class A Common Stock 28891 28891 D Class B Common Stock 2024-07-11 4 C 0 28891 0 D Class A Common Stock 28891 0 D Stock Option (Right to buy Class B Common Stock) 3.04 2024-07-12 4 M 0 11200 0 D 2024-11-18 Class B Common Stock 11200 814069 D Class B Common Stock 2024-07-12 4 M 0 11200 0 A Class A Common Stock 11200 11200 D Class B Common Stock 2024-07-12 4 C 0 11200 0 D Class A Common Stock 11200 0 D Stock Option (Right to buy Class B Common Stock) 3.04 2024-07-15 4 M 0 81731 0 D 2024-11-18 Class B Common Stock 81731 732338 D Class B Common Stock 2024-07-15 4 M 0 81731 0 A Class A Common Stock 81731 81731 D Class B Common Stock 2024-07-15 4 C 0 81731 0 D Class A Common Stock 81731 0 D Class B Common Stock Class A Common Stock 7371703 7371703 I By 70 Thirty Trust Class B Common Stock Class A Common Stock 640542 640542 I By The Next Left Trust This transaction was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on June 22, 2023. The Reporting Person intends to use a majority of the net proceeds from the sale of these shares of Zuora Class A Common Stock to fund future exercise(s), via exercise-and-hold transaction(s), of his outstanding stock option that expires on November 18, 2024 to acquire Zuora Class B Common Stock. Represents the weighted average sale price. The lowest price at which shares were sold was $9.00 and the highest price at which shares were sold was $9.03. 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. Represents the weighted average sale price. The lowest price at which shares were sold was $9.00 and the highest price at which shares were sold was $9.01. 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. Represents the weighted average sale price. The lowest price at which shares were sold was $9.00 and the highest price at which shares were sold was $9.18. 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. This option is fully vested and exercisable. Each share of Zuora's Class B Common Stock will convert into one share of Zuora's Class A Common Stock (a) at the option of the holder or (b) automatically upon (i) any transfer, except for certain permitted transfers, or (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 Zuora'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 Zuora's common stock, and has no expiration date. The Reporting Person is a trustee of the 70 Thirty Trust. The Reporting Person is a trustee of The Next Left Trust. /s/ Erika Ward as attorney-in-fact for Tien Tzuo 2024-07-15