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Filing Details

Accession Number:: 0001209191-19-048315
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-09-04 18:39:52
Reporting Period:: 2019-09-01

Accepted Time:: 2019-09-04 18:39:52
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
1636653	Nitsa Eleni Zuppas	C/O Veeva Systems Inc. 4280 Hacienda Drive Pleasanton CA 94588	Chief Marketing Officer	No	Yes	No	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
Class A Common Stock	Acquisiton	2019-09-01	500	$0.00	12,998	No	4	M	Direct
Class A Common Stock	Acquisiton	2019-09-03	1,700	$0.00	14,698	No	4	M	Direct
Class A Common Stock	Acquisiton	2019-09-03	3,300	$0.00	17,998	No	4	C	Direct
Class A Common Stock	Disposition	2019-09-03	1,500	$158.25	16,498	No	4	S	Direct
Class A Common Stock	Disposition	2019-09-03	3,500	$159.65	12,998	No	4	S	Direct
Class A Common Stock	Disposition	2019-09-04	177	$158.00	12,821	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	C	Direct
No	4	S	Direct
No	4	S	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	Restricted Stock Units	Disposition	2019-09-01	500	$0.00	500	$0.00
Class A Common Stock	Stock Option (right to buy)	Disposition	2019-09-03	1,700	$0.00	1,700	$32.26
Class B Common Stock	Stock Option (right to buy)	Disposition	2019-09-03	3,300	$0.00	3,300	$3.92
Class A Common Stock	Class B Common Stock	Acquisiton	2019-09-03	3,300	$0.00	3,300	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2019-09-03	3,300	$0.00	3,300	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
1,000		No	4	M	Direct
7,067	2024-03-14	No	4	M	Direct
20,600	2023-03-25	No	4	M	Direct
3,300		No	4	A	Direct
0		No	4	C	Direct

Footnotes

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.
Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
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 $157.7900 to $158.6200 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $159.0200 to $159.6800 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.
The sales reported on this Form 4 were effected pursuant to Rule 10b5-1 trading plans adopted by the Reporting Person and were made to cover taxes associated with restricted stock vesting on September 1, 2019.
On March 23, 2016, the Reporting Person was granted 8,000 RSUs under the Issuer's 2013 Equity Incentive Plan, of which 1/16 of the RSUs vested on June 1, 2016, with 1/16 of the RSUs vesting for each quarter of continuous service to the Issuer by the Reporting Person after June 1, 2016.
The option shares are fully vested and may be exercised at any time.
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.