Alan Mateo - May 10, 2021 Form 4 Insider Report for VEEVA SYSTEMS INC (VEEV)

Role
EVP Global Sales
Signature
/s/ Meaghan S.Nelson, attorney-in-fact
Stock symbol
VEEV
Transactions as of
May 10, 2021
Transactions value $
-$537,393
Form type
4
Date filed
5/12/2021, 04:23 PM
Next filing
Jun 11, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VEEV Class A Common Stock Options Exercise $63.3K +2.35K +90.37% $26.99 4.94K May 10, 2021 Direct F1
transaction VEEV Class A Common Stock Sale -$601K -2.35K -47.47% $255.96 2.6K May 10, 2021 Direct F2
holding VEEV Class A Common Stock 7.35K May 10, 2021 By Carol Mateo TTEE U/A 11/30/20 F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VEEV Stock Option (right to purchase) Options Exercise $0 -2.35K -2% $0.00 115K May 10, 2021 Class A Common Stock 2.35K $26.99 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F3 Shares held by The Carol Mateo Trust dated November 30, 2020 (the "Trust"). The Reporting Person is not a trustee and beneficiary of the Trust and may be deemed to share voting and dispositive power with regard to the reported shares held by the Trust. The Reporting Person disclaims beneficial ownership of the reported shares held by the Trust, except to the extent, if any, of his pecuniary interest therein.
F4 The option shares are fully vested and may be exercised at any time.