E. Codd Ronald - Apr 6, 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
Apr 6, 2022
Transactions value $
-$3,600,018
Form type
4
Date filed
4/8/2022, 05:17 PM
Previous filing
Mar 3, 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 $543K +20K +4524.89% $27.14* 20.4K Apr 6, 2022 Direct F1
transaction VEEV Class A Common Stock Sale -$3.17M -15.3K -74.92% $206.88 5.13K Apr 6, 2022 Direct F2
transaction VEEV Class A Common Stock Sale -$963K -4.63K -90.31% $207.98 497 Apr 6, 2022 Direct F3
transaction VEEV Class A Common Stock Sale -$11.5K -55 -11.07% $208.62 442 Apr 6, 2022 Direct F4
holding VEEV Class A Common Stock 15.8K Apr 6, 2022 By Codd Revocable Trust dtd 03/06/98 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 buy) Options Exercise $0 -20K -100% $0.00* 0 Apr 6, 2022 Class A Common Stock 20K $27.14 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 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 $206.50 to $207.45 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $207.60 to $208.43 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 $208.62 to $208.63 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 Codd Revocable Trust dtd 03/06/98 (the "Codd Trust"). The Reporting Person is a trustee and beneficiary of the Codd Trust, and may be deemed to share voting and dispositive power with regard to the reported shares held by the Codd Trust.
F6 All of the shares subject to this option are fully vested and exercisable as of the date hereof.