Paul J. Sekhri - Jun 17, 2021 Form 4 Insider Report for VEEVA SYSTEMS INC (VEEV)

Role
Director
Signature
/s/ Meaghan S. Nelson, attorney-in-fact
Stock symbol
VEEV
Transactions as of
Jun 17, 2021
Transactions value $
-$10,014
Form type
4
Date filed
6/21/2021, 04:50 PM
Next filing
Jun 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VEEV Class A Common Stock Options Exercise $543K +20K +187.46% $27.14 30.7K Jun 17, 2021 Direct F1
transaction VEEV Class A Common Stock Sale -$553K -1.84K -6% $300.61 28.8K Jun 17, 2021 Direct F2

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 buy) Options Exercise $0 -20K -100% $0.00* 0 Jun 17, 2021 Class A Common Stock 20K $27.14 Direct F1, F3
* 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $300.5200 to $300.8000 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.
F3 The option shares are fully vested and may be exercised at any time.