Filing Details
- Accession Number:
- 0001181431-14-029604
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-08-18 19:03:05
- Reporting Period:
- 2014-08-14
- Filing Date:
- 2014-08-18
- Accepted Time:
- 2014-08-18 19:03:05
- 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 Ste. 210 Pleasanton CA 94588 | No | 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 | 2014-08-14 | 25,000 | $0.00 | 25,000 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2014-08-14 | 25,000 | $22.85 | 0 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2014-08-15 | 25,000 | $0.00 | 25,000 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2014-08-15 | 24,400 | $22.29 | 600 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2014-08-15 | 600 | $22.85 | 0 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2014-08-14 | 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 | 2014-08-14 | 2,500 | $22.78 | 0 | No | 4 | S | Indirect | By Young Sohn Grantor Retained Annuity Trust dated May 21, 2013 |
| Class A Common Stock | Acquisiton | 2014-08-15 | 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 | 2014-08-15 | 2,500 | $22.85 | 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 | 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 | 2014-08-14 | 25,000 | $0.00 | 25,000 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2014-08-15 | 25,000 | $0.00 | 25,000 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2014-08-14 | 2,500 | $0.00 | 2,500 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2014-08-15 | 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 |
|---|---|---|---|---|---|---|
| 11,748,000 | No | 4 | C | Direct | ||
| 11,723,000 | No | 4 | C | Direct | ||
| 834,500 | No | 4 | C | Indirect | ||
| 832,000 | No | 4 | C | Indirect |
Footnotes
- The sales reported on this Form 4 were effected pursuant to Rule 10b5-1 trading plans adopted by the Reporting Person.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.5950 to $23.0200 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).
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.8500 to $22.8499 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).
- 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.
- 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.
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