Mark T. Carges - Jun 25, 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 25, 2021
Transactions value $
$0
Form type
4
Date filed
6/25/2021, 04:22 PM
Previous filing
Jun 24, 2021
Next filing
Sep 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VEEV Class A Common Stock Options Exercise $0 +224 +3.32% $0.00 6.98K Jun 25, 2021 Direct F1, F2
transaction VEEV Class A Common Stock Options Exercise $0 +24 +0.34% $0.00 7K Jun 25, 2021 Direct F1, 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 Restricted Stock Units Options Exercise $0 -224 -100% $0.00* 0 Jun 25, 2021 Class A Common Stock 224 Direct F1, F2, F3
transaction VEEV Restricted Stock Units Options Exercise $0 -24 -100% $0.00* 0 Jun 25, 2021 Class A Common Stock 24 Direct F1, F2, 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 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
F3 On June 25, 2020, the Reporting Person was granted 898 RSUs under the Issuer's 2013 Equity Incentive Plan, of which 1/4 of the RSUs vested on September 25, 2020, with the remaining RSUs vesting equally on a quarterly basis thereafter, subject to continued service on the Issuer's board of directors on the applicable vesting date.
F4 The RSUs were granted under the Issuer's 2013 Equity Incentive Plan. The Reporting Person vests ownership in the RSUs over one quarter, with 100% of the RSUs vesting on June 25, 2021, subject to continued service by the Reporting Person to the Issuer.