4//SEC Filing
HIRSCH PETER 4
Accession 0001423774-25-000028
CIK 0001423774other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 4:29 PM ET
Size
13.3 KB
Accession
0001423774-25-000028
Insider Transaction Report
Form 4
ZUORA INCZUO
HIRSCH PETER
Chief Product & Tech Officer
Transactions
- Exercise/Conversion
Restricted Stock Units (RSU)(Class A)
2024-12-31−25,000→ 225,000 total→ Class A Common Stock (25,000 underlying) - Sale
Class A Common Stock
2025-01-02$9.93/sh−25,664$254,784→ 43,615 total - Exercise/Conversion
Class A Common Stock
2024-12-31+25,000→ 44,279 total - Exercise/Conversion
Class A Common Stock
2024-12-31+25,000→ 69,279 total - Exercise/Conversion
Restricted Stock Units (RSU)(Class A)
2024-12-31−25,000→ 150,000 total→ Class A Common Stock (25,000 underlying)
Footnotes (5)
- [F1]The shares were sold to satisfy the tax liability of the Reporting Person in connection with the issuance of Class A Common Stock resulting from the vesting of restricted stock units under the Zuora, Inc. 2018 Equity Incentive Plan ("Plan"). The shares for the Reporting Person were aggregated with shares sold to satisfy tax liability for all other Plan participants, and all such shares were sold on January 2, 2025. The price reported in Column 4 is the weighted average price. Shares were sold in multiple transactions at prices between $9.92 and $9.95. 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.
- [F2]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.
- [F3]The RSUs vest over three years, with 1/3 of the shares underlying the initial award vesting on June 30, 2024, 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.
- [F4]RSUs do not expire; these securities either vest and settle or are canceled prior to the vesting date.
- [F5]The RSUs vest over three years, with 1/12 of the shares underlying the initial award vesting on June 30, 2024, 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.
Documents
Issuer
ZUORA INC
CIK 0001423774
Entity typeother
Related Parties
1- filerCIK 0001646765
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 4:29 PM ET
- Size
- 13.3 KB