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Filing Details

Accession Number:: 0001181431-14-014930
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-04-01 18:19:32
Reporting Period:: 2014-03-31

Filing Date:: 2014-04-01
Accepted Time:: 2014-04-01 18:19:32
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
1585821	P Peter Gassner	C/O Veeva Systems Inc. 4637 Chabot Drive, Suite 210 Pleasanton CA 94588	Chief Executive Officer	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2014-03-31	2,000,000	$0.00	2,000,000	No	4	C	Direct
Class A Common Stock	Disposition	2014-03-31	2,000,000	$25.36	0	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Class B Common Stock	Disposition	2014-03-31	2,000,000	$0.00	2,000,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
13,208,333			No	4	C	Direct

Footnotes

Each share of Class A Common Stock was issued upon conversion of one (1) share of Class B Common Stock. These shares were sold by the reporting person as a selling stockholder pursuant to an underwritten public offering by the Issuer. The offering closed on March 31, 2014. The reported sale price reflects the price at which the reporting person sold shares to the underwriters.
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.
Shares held by Reporting Person and Piyajit Gassner as Community Property.
Represents (i) 3,208,333 shares of Class B Common Stock held by the Reporting Person and Piyajit Gassner as Community Property, of which 1,085,069 shares are subject to a repurchase right in favor of the Issuer which lapses on January 30, 2015, and (ii) 10,000,000 shares of Class B Common Stock held directly by the Reporting Person and not subject to a repurchase right in favor of the Issuer.