Frederic Lequient - Apr 6, 2022 Form 4 Insider Report for VEEVA SYSTEMS INC (VEEV)

Role
SVP Global Customer Services
Signature
/s/ Jonathan Faddis, attorney-in-fact
Stock symbol
VEEV
Transactions as of
Apr 6, 2022
Transactions value $
$0
Form type
4
Date filed
4/8/2022, 05:22 PM
Previous filing
Apr 5, 2022
Next filing
Aug 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding VEEV Class A Common Stock 2.32K Apr 6, 2022 Direct

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) Award $0 +18.8K $0.00 18.8K Apr 6, 2022 Class A Common Stock 18.8K $207.48 Direct F1, F2
transaction VEEV Stock Option (right to buy) Award $0 +10K $0.00 10K Apr 6, 2022 Class A Common Stock 10K $207.48 Direct F1, F3
transaction VEEV Restricted Stock Units Award $0 +4.71K $0.00 4.71K Apr 6, 2022 Class A Common Stock 4.71K Direct F1, F4, F5
transaction VEEV Restricted Stock Units Award $0 +5K $0.00 5K Apr 6, 2022 Class A Common Stock 5K Direct F1, F4, 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 options were granted under the Issuer's 2013 Equity Incentive Plan ("Plan"). The Reporting Person vests ownership in this option over four years, with 1/4 of the shares subject to the award vesting April 1, 2023, and 1/4 of the shares vesting on an annual basis thereafter, subject to continued service to the Issuer by the Reporting Person.
F3 The options were granted under the Plan. The Reporting Person vests 100% ownership in this option on April 1, 2026, subject to continued service to the Issuer by the Reporting Person.
F4 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
F5 The RSUs were granted under the Plan. The Reporting Person vests ownership in the RSUs over one year with 1/4 of the RSUs vesting on July 1, 2022, and 1/4 of the RSUs vesting on a quarterly basis thereafter, subject to continued service to the Issuer by the Reporting Person.
F6 The RSUs were granted under the Plan. The Reporting Person vests 100% ownership in the RSUs on April 1, 2026, subject to continued service to the Issuer by the Reporting Person.