4//SEC Filing
Benchmark Capital Management Co. V, L.L.C. 4
Accession 0001209191-19-023421
CIK 0001423774other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 6:05 PM ET
Size
17.7 KB
Accession
0001209191-19-023421
Insider Transaction Report
Form 4
ZUORA INCZUO
Transactions
- Conversion
Class B Common Stock
2019-04-01−2,564,431→ 5,128,862 total(indirect: See footnote)→ Class A Common Stock (2,564,431 underlying) - Conversion
Class A Common Stock
2019-04-01+2,564,431→ 2,564,431 total(indirect: See footnote) - Other
Class A Common Stock
2019-04-01−2,564,431→ 0 total(indirect: See footnote)
Footnotes (4)
- [F1]Shares are held by Benchmark Capital Partners V, L.P. ("BCP V"), as nominee for BCP V, Benchmark Founders' Fund V, L.P. ("BFF V"), Benchmark Founders' Fund V-A, L.P. ("BFF V-A"), Benchmark Founders' Fund V-B, L.P. ("BFF V-B") and related persons. Benchmark Capital Management Co. V, L.L.C. ("BCMC V"), the general partner of each of BCP V, BFF V, BFF V-A and BFF V-B, may be deemed to have sole voting and dispositive power over such shares. Alexandre Balkanski, Bruce W. Dunlevie, Peter H. Fenton, J. William Gurley, Kevin R. Harvey, Robert C. Kagle, Mitchell H. Lasky and Steven M. Spurlock, the managing members of BCMC V, may be deemed to share voting and dispositive power over these shares beneficially held by such entities. Each reporting person disclaims the existence of a "group" and disclaims beneficial ownership of any securities, except to the extent of such reporting persons' pecuniary interest in such securities.
- [F2]Represents a pro-rata, in-kind distribution by BCP V and its affiliated funds and related persons, without additional consideration, to their respective partners, members and assigns.
- [F3]Each share of the issuer's Class B Common Stock will convert into 1 share of the issuer's Class A Common Stock (a) at the option of the holder and (b) automatically upon (i) any transfer which occurs after the closing of the issuer's initial public offering, except for certain permitted transfers, and (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 the issuer'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 the issuer's common stock, and has no expiration date.
- [F4]Not applicable.
Documents
Issuer
ZUORA INC
CIK 0001423774
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001511025
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 6:05 PM ET
- Size
- 17.7 KB