Timothy S. Cabral - Dec 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
Dec 6, 2022
Transactions value $
-$1,636,234
Form type
4
Date filed
12/8/2022, 05:26 PM
Previous filing
Dec 5, 2022
Next filing
Jan 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VEEV Class A Common Stock Sale -$965K -5.92K -5.74% $162.95 97.2K Dec 6, 2022 By the Cabral Family Trust, dated April 17, 2001 F1, F2, F3
transaction VEEV Class A Common Stock Sale -$394K -2.4K -2.47% $164.03 94.8K Dec 6, 2022 By the Cabral Family Trust, dated April 17, 2001 F1, F3, F4
transaction VEEV Class A Common Stock Sale -$198K -1.2K -1.27% $165.19 93.6K Dec 6, 2022 By the Cabral Family Trust, dated April 17, 2001 F1, F3, F5
transaction VEEV Class A Common Stock Sale -$79.5K -479 -0.51% $166.00 93.1K Dec 6, 2022 By the Cabral Family Trust, dated April 17, 2001 F1, F3, F6
holding VEEV Class A Common Stock 1.21K Dec 6, 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $162.41 to $163.37 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 Shares held by the Cabral Family Trust. The Reporting Person is a trustee and beneficiary of the Cabral Family Trust and may be deemed to share voting and dispositive power with regard to the reported shares held by the Cabral Family Trust.
F4 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $163.48 to $164.46 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 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $164.50 to $165.41 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.
F6 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $165.8134 to $166.20 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.