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

Signature
/s/ Meaghan S. Nelson, attorney-in-fact
Stock symbol
VEEV
Transactions as of
Nov 10, 2021
Transactions value $
-$677,023
Form type
4
Date filed
11/12/2021, 03:35 PM
Previous filing
Oct 12, 2021
Next filing
Dec 23, 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 +64.11% $26.99 6.01K Nov 10, 2021 Direct F1
transaction VEEV Class A Common Stock Sale -$330K -1.05K -17.43% $314.89 4.96K Nov 10, 2021 Direct F2, F3
transaction VEEV Class A Common Stock Sale -$379K -1.2K -24.19% $315.83 3.76K Nov 10, 2021 Direct F2, F4
transaction VEEV Class A Common Stock Sale -$31.7K -100 -2.66% $316.92 3.66K Nov 10, 2021 Direct F2
holding VEEV Class A Common Stock 7.35K Nov 10, 2021 By Carol Mateo TTEE U/A 11/30/20 F5

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 -2.27% $0.00 101K Nov 10, 2021 Class A Common Stock 2.35K $26.99 Direct F1, F6
* 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 theAct.
F2 The sales reported on this Form 4 were effected pursuant to Rule 10b5-1 trading plans adopted by the Reporting Person.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $314.5700 to $315.1000 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.
F4 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $315.6000 to $316.1400 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.
F5 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.
F6 The option shares are fully vested and may be exercised at any time.