Mark T. Carges - Sep 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
Sep 1, 2022
Transactions value $
$0
Form type
4
Date filed
9/6/2022, 07:28 PM
Previous filing
Jul 1, 2022
Next filing
Dec 5, 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 +340 $0.00 340 Sep 1, 2022 Direct F1, F2
holding VEEV Class A Common Stock 7.82K Sep 1, 2022 By Mark Carges Revocable Trust dated 01/30/2019 F2, 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 -340 -25.02% $0.00 1.02K Sep 1, 2022 Class A Common Stock 340 Direct F1, F4, F5
* 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 number of shares beneficially owned reflects the transfer of an aggregate of 410 shares of Class A Common Stock from the Reporting Person to the Mark Carges Revocable Trust dtd 01/30/19 (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.
F3 The shares are held by the Trust.
F4 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
F5 On June 9, 2022, the Reporting Person was granted 1,359 RSUs under the Issuer's 2013 Equity Incentive Plan, of which 1/4 of the RSUs vested on September 1, 2022, with the remaining RSUs vesting equally on a quarterly basis thereafter, subject to continued service on the Issuer's board of directors on the applicable vesting date.