Gordon Ritter - Jun 9, 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
Jun 9, 2022
Transactions value $
$0
Form type
4
Date filed
6/13/2022, 09:35 PM
Previous filing
Jun 2, 2022
Next filing
Sep 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding VEEV Class A Common Stock 458 Jun 9, 2022 Direct
holding VEEV Class A Common Stock 543K Jun 9, 2022 By the Ritter-Metzler Revocable Trust dated November 6, 2000 F1
holding VEEV Class A Common Stock 92K Jun 9, 2022 By Mountaintop Prism LLC F2

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 Award $0 +1.52K $0.00 1.52K Jun 9, 2022 Class A Common Stock 1.52K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held by The Ritter-Metzler Revocable Trust dated November 6, 2000 (the "Trust"). The Reporting Person is 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.
F2 Shares held by Mountaintop Prism, LLC ("Mountaintop"). The Reporting Person is a controlling person of Mountaintop and may be deemed to share voting and dispositive power with regard to the reported shares held by Mountaintop. The Reporting Person disclaims beneficial ownership of the reported shares held by Mountaintop, except to the extent, if any, of his pecuniary interest therein.
F3 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
F4 The RSUs were granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan. The Reporting Person vests ownership in the RSUs over one year with 1/4 of the RSUs vesting on September 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.