Filing Details

Accession Number:
0001181431-13-055034
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-10-23 21:32:49
Reporting Period:
2013-10-21
Filing Date:
2013-10-23
Accepted Time:
2013-10-23 21:32:49
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1393052 Veeva Systems Inc VEEV Services-Prepackaged Software (7372) 208235463
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1586616 A Young Sohn C/O Veeva Systems Inc.
4637 Chabot Drive, Suite 210
Pleasanton CA 94588
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-10-21 13,450,000 $0.00 13,450,000 No 4 C Direct
Common Stock Disposition 2013-10-21 13,450,000 $0.00 0 No 4 J Direct
Class A Common Stock Acquisiton 2013-10-21 500,000 $0.00 500,000 No 4 C Direct
Class A Common Stock Disposition 2013-10-21 500,000 $20.00 0 No 4 S Direct
Common Stock Acquisiton 2013-10-21 1,000,000 $0.00 1,000,000 No 4 C Indirect By Young Sohn Grantor Retained Annuity Trust dated May 21, 2013
Common Stock Disposition 2013-10-21 1,000,000 $0.00 0 No 4 J Indirect By Young Sohn Grantor Retained Annuity Trust dated May 21, 2013
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 J Direct
No 4 C Direct
No 4 S Direct
No 4 C Indirect By Young Sohn Grantor Retained Annuity Trust dated May 21, 2013
No 4 J Indirect By Young Sohn Grantor Retained Annuity Trust dated May 21, 2013
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series A Convertible Preferred Stock Disposition 2013-10-21 13,450,000 $0.00 13,450,000 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2013-10-21 13,450,000 $0.00 13,450,000 $0.00
Class A Common Stock Class B Common Stock Disposition 2013-10-21 500,000 $0.00 500,000 $0.00
Common Stock Series A Convertible Preferred Stock Disposition 2013-10-21 1,000,000 $0.00 1,000,000 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2013-10-21 1,000,000 $0.00 1,000,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Direct
13,450,000 No 4 J Direct
12,950,000 No 4 C Direct
0 No 4 C Indirect
1,000,000 No 4 J Indirect
Footnotes
  1. Each share of convertible preferred stock automatically converted into one (1) share of Common Stock immediately prior to the closing of the Issuer's initial public offering of Class A Common Stock (the "IPO"), and has no expiration date.
  2. Immediately prior to the closing of the IPO and following the conversion of each series of the Issuer's convertible preferred stock into Common Stock, each share of Common Stock was reclassified, in an exempt transaction pursuant to Rule 16b-7, into one (1) share of Class B Common Stock.
  3. Each share of Class A Common Stock was issued upon conversion of one (1) share of Class B Common Stock. The Reporting Person sold Class A Common Stock to the underwriters in connection with the closing of the IPO.
  4. Each share of Class B Common Stock is convertible, at any time at the option of the holder, into one (1) share of Class A Common Stock and has no expiration date. In addition, each share of Class B Common Stock will convert automatically into one (1) share of Class A Common Stock upon any transfer, whether or not for value, which occurs after the closing of the IPO, except for certain permitted transfers described in, and transfers to any "permitted transferee" as defined in, the Issuer's restated certificate of incorporation in effect after the closing of the IPO. All shares of Class A and Class B Common Stock will convert automatically into shares of a single class of Common Stock upon the earliest to occur of the following: (a) upon the election by the holders of a majority of the then outstanding shares of Class B Common Stock or (b) October 15, 2023.
  5. Shares held by the Young Sohn Grantor Retained Annuity Trust dated May 21, 2013 (the "Sohn GRAT"). The Reporting Person is a trustee and beneficiary of the Sohn GRAT and may be deemed to share voting and dispositive power with regard to the reported shares held by the Sohn GRAT.