Filing Details

Accession Number:
0001209191-19-024513
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-04-12 18:10:38
Reporting Period:
2019-04-11
Accepted Time:
2019-04-12 18:10:38
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
1771322 Michele O'connor C/O Veeva Systems Inc.
4280 Hacienda Drive
Pleasanton CA 94588
Chief Accounting 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 2019-04-11 833 $0.00 833 No 4 C Direct
Class A Common Stock Disposition 2019-04-11 833 $135.54 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
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Stock Option (right to buy) Disposition 2019-04-11 833 $0.00 833 $3.92
Class A Common Stock Class B Common Stock Acquisiton 2019-04-11 833 $0.00 833 $0.00
Class A Common Stock Class B Common Stock Disposition 2019-04-11 833 $0.00 833 $0.00
Class A Common Stock Stock Option (right to buy) Acquisiton 2019-04-11 2,010 $0.00 2,010 $135.49
Class A Common Stock Restricted Stock Units Acquisiton 2019-04-11 670 $0.00 670 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
28,334 2023-03-09 No 4 M Direct
833 No 4 A Direct
0 No 4 C Direct
2,010 2020-04-01 2029-04-10 No 4 A Direct
670 No 4 A Direct
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 Rule 10b5-1 trading plans adopted by the Reporting Person.
  3. The option shares are fully vested and may be exercised at any time.
  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. 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. The options were granted under the Issuer's 2013 Equity Incentive Plan ("Plan"). The Reporting Person vests ownership in this option over four years, with 25% of the shares subject to the award vesting April 1, 2020, and 1/4 of the shares vesting on an annual basis thereafter, subject to continued service to the Issuer by the Reporting Person.
  6. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
  7. The RSUs were granted under the Issuer's 2013 Equity Incentive Plan. The Reporting Person vests ownership in the RSUs over one year with 25% vesting on July 1, 2019, and 25% of the RSUs vesting on a quarterly basis thereafter, subject to continued service to the Issuer by the Reporting Person.