Thomas D. Schwenger - Apr 6, 2022 Form 4 Insider Report for VEEVA SYSTEMS INC (VEEV)

Role: President and COO
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, 05:27 PM
Previous filing: Apr 5, 2022
Next filing: Jul 6, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	VEEV	Class A Common Stock						14.8K	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	+35.3K		$0.00	35.3K	Apr 6, 2022	Class A Common Stock	35.3K	$207.48	Direct	F1, F2
transaction	VEEV	Stock Option (right to buy)	Award	$0	+30K		$0.00	30K	Apr 6, 2022	Class A Common Stock	30K	$207.48	Direct	F1, F3
transaction	VEEV	Restricted Stock Units	Award	$0	+7.06K		$0.00	7.06K	Apr 6, 2022	Class A Common Stock	7.06K		Direct	F1, F4, F5
transaction	VEEV	Restricted Stock Units	Award	$0	+15K		$0.00	15K	Apr 6, 2022	Class A Common Stock	15K		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 October 1, 2027, 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 October 1, 2027, subject to continued service to the Issuer by the Reporting Person.