Timothy S. Cabral - Mar 1, 2022 Form 4 Insider Report for VEEVA SYSTEMS INC (VEEV)

Role: Director
Signature: /s/ Jonathan Faddis, attorney-in-fact
Stock symbol: VEEV
Transactions as of: Mar 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/3/2022, 06:00 PM
Previous filing: Jan 25, 2022
Next filing: Jun 2, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VEEV	Class A Common Stock	Options Exercise	$0	+169	+88.48%	$0.00	360	Mar 1, 2022	Direct	F1, F2
holding	VEEV	Class A Common Stock						128K	Mar 1, 2022	By the Cabral Family Trust, dated April 17, 2001	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	Restricted Stock Units	Options Exercise	$0	-169	-39.95%	$0.00	254	Mar 1, 2022	Class A Common Stock	169		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 theAct.
F2	Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
F3	Shares held by the Cabral Family Trust. The Reporting Person is a trustee and beneficiary of the Cabral Family Trust and may be deemed to share voting and dispositive power with regard to the reported shares held by the Cabral Family Trust.
F4	On January 21, 2022, the reporting person was granted 423 RSUs under the Issuer's 2013 Equity Incentive Plan, of which 40% of the RSUs vested on March 1, 2022, with the remaining 60% of the RSUs vesting on June 1, 2022, subject to continued service on the Issuer's board of directors on the applicable vesting date.