Filing Details

Accession Number:
0001209191-18-050056
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-09-07 16:19:58
Reporting Period:
2018-09-05
Accepted Time:
2018-09-07 16:19:58
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
1585858 S Timothy Cabral C/O Veeva Systems Inc.
4280 Hacienda Drive
Pleasanton CA 94588
Chief Financial Officer No Yes No 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 2018-09-05 30,000 $0.00 30,000 No 4 C Direct
Class A Common Stock Acquisiton 2018-09-05 10,000 $0.00 40,000 No 4 C Direct
Class A Common Stock Disposition 2018-09-05 5,657 $99.01 34,343 No 4 S Direct
Class A Common Stock Disposition 2018-09-05 9,270 $99.91 25,073 No 4 S Direct
Class A Common Stock Disposition 2018-09-05 3,200 $101.05 21,873 No 4 S Direct
Class A Common Stock Disposition 2018-09-05 15,192 $101.98 6,681 No 4 S Direct
Class A Common Stock Disposition 2018-09-05 5,681 $102.86 1,000 No 4 S Direct
Class A Common Stock Disposition 2018-09-05 1,000 $103.52 0 No 4 S Direct
Class A Common Stock Acquisiton 2018-09-05 10,000 $0.00 10,000 No 4 C Indirect By TC 2103 Annuity Trust
Class A Common Stock Disposition 2018-09-05 7,397 $102.56 2,603 No 4 S Indirect By TC 2013 Annuity Trust
Class A Common Stock Disposition 2018-09-05 2,603 $103.33 0 No 4 S Indirect By TC 2013 Annuity Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 C Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 C Indirect By TC 2103 Annuity Trust
No 4 S Indirect By TC 2013 Annuity Trust
No 4 S Indirect By TC 2013 Annuity Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Stock Option (right to purchase) Disposition 2018-09-05 30,000 $0.00 30,000 $3.92
Class A Common Stock Class B Common Stock Acquisiton 2018-09-05 30,000 $0.00 30,000 $0.00
Class A Common Stock Class B Common Stock Disposition 2018-09-05 30,000 $0.00 30,000 $0.00
Class A Common Stock Class B Common Stock Disposition 2018-09-05 10,000 $0.00 10,000 $0.00
Class A Common Stock Class B Common Stock Disposition 2018-09-05 10,000 $0.00 10,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
266,634 2023-03-09 No 4 M Direct
80,000 No 4 A Direct
50,000 No 4 C Direct
40,000 No 4 C Direct
15,691 No 4 C Indirect
Footnotes
  1. Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-6(b) promulgated under the Act.
  2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
  3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.3900 to $99.3700 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.
  4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.4200 to $100.3900 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.4600 to $101.4300 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.
  6. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.5200 to $102.5100 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 (6).
  7. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.5200 to $103.3300 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.
  8. Shares held by the TC 2013 Annuity Trust (the "TC Trust"). The Reporting Person is a trustee and beneficiary of the TC Trust and may be deemed to share voting and dispositive power with regard to the reported shares held by the TC Trust.
  9. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.0400 to $103.0000 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.
  10. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.0900 to $103.5200 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.
  11. The option shares are fully vested and may be exercised at any time.
  12. 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.