Filing Details
- Accession Number:
- 0001628280-23-002834
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-02-08 20:26:06
- Reporting Period:
- 2023-02-07
- Accepted Time:
- 2023-02-08 20:26:06
- 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 |
|---|---|---|---|---|---|---|---|
| 1585821 | P Peter Gassner | C/O Veeva Systems Inc. 4280 Hacienda Drive Pleasanton CA 94588 | Chief Executive Officer | Yes | 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 | 2023-02-07 | 1,404,458 | $0.00 | 1,404,458 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2023-02-07 | 1,404,458 | $170.00 | 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 | 2023-02-07 | 1,404,458 | $0.00 | 1,404,458 | $3.92 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2023-02-07 | 1,404,458 | $0.00 | 1,404,458 | $3.92 |
| Class A Common Stock | Class B Common Stock | Disposition | 2023-02-07 | 1,404,458 | $0.00 | 1,404,458 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2023-03-09 | No | 4 | M | Direct | |
| 14,391,791 | No | 4 | M | Direct | ||
| 12,987,333 | No | 4 | C | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Class A Common Stock | 41,000 | Indirect | By family member |
| Class A Common Stock | 41,000 | Indirect | By second family member |
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.
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- As contemplated pursuant to the Form 8-K filed by the Issuer with the Securities and Exchange Commission on September 26, 2022, the block sale of 1,404,458 shares was facilitated by a large financial institution pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- 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.
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