Filing Details

Accession Number:
0001181431-14-026223
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-07-03 16:12:13
Reporting Period:
2014-07-01
Filing Date:
2014-07-03
Accepted Time:
2014-07-03 16:12:13
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
Class A Common Stock Acquisiton 2014-07-01 25,000 $0.00 25,000 No 4 C Direct
Class A Common Stock Disposition 2014-07-01 25,000 $25.41 0 No 4 S Direct
Class A Common Stock Acquisiton 2014-07-02 25,000 $0.00 25,000 No 4 C Direct
Class A Common Stock Disposition 2014-07-02 25,000 $25.73 0 No 4 S Direct
Class A Common Stock Acquisiton 2014-07-01 2,500 $0.00 2,500 No 4 C Indirect By Young Sohn Grantor Retained Annuity Trust dated May 21, 2013
Class A Common Stock Disposition 2014-07-01 2,500 $25.71 0 No 4 S Indirect By Young Sohn Grantor Retained Annuity Trust dated May 21, 2013
Class A Common Stock Acquisiton 2014-07-02 2,500 $0.00 2,500 No 4 C Indirect By Young Sohn Grantor Retained Annuity Trust dated May 21, 2013
Class A Common Stock Disposition 2014-07-02 2,500 $26.13 0 No 4 S 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 S 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 S Indirect By Young Sohn Grantor Retained Annuity Trust dated May 21, 2013
No 4 C Indirect By Young Sohn Grantor Retained Annuity Trust dated May 21, 2013
No 4 S 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
Class A Common Stock Class B Common Stock Disposition 2014-07-01 25,000 $0.00 25,000 $0.00
Class A Common Stock Class B Common Stock Disposition 2014-07-02 25,000 $0.00 25,000 $0.00
Class A Common Stock Class B Common Stock Disposition 2014-07-01 2,500 $0.00 2,500 $0.00
Class A Common Stock Class B Common Stock Disposition 2014-07-02 2,500 $0.00 2,500 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
11,865,000 No 4 C Direct
11,840,000 No 4 C Direct
882,500 No 4 C Indirect
880,000 No 4 C Indirect
Footnotes
  1. The sales reported on this Form 4 were effected pursuant to Rule 10b5-1 trading plans adopted by the Reporting Person.
  2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.2800 to $25.9000 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2).
  3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.5000 to $26.1950 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (3).
  4. 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.
  5. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.5400 to $25.8700 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (5).
  6. 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.