| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | VEEV | Class A Common Stock | Conversion of derivative security | $0 | +1.35M | $0.00 | 1.35M | Jan 9, 2023 | Direct | F1, F2 | |
| transaction | VEEV | Class A Common Stock | Sale | -$191M | -1.25M | -92.74% | $153.03 | 97.8K | Jan 9, 2023 | Direct | F2, F3 |
| transaction | VEEV | Class A Common Stock | Sale | -$8.51M | -52.7K | -53.9% | $161.47 | 45.1K | Jan 9, 2023 | Direct | F2, F4 |
| transaction | VEEV | Class A Common Stock | Sale | -$5.31M | -32.6K | -72.41% | $162.50 | 12.4K | Jan 9, 2023 | Direct | F2, F5 |
| transaction | VEEV | Class A Common Stock | Sale | -$2.03M | -12.4K | -100% | $163.41 | 0 | Jan 9, 2023 | Direct | F2, F6 |
| holding | VEEV | Class A Common Stock | 41K | Jan 9, 2023 | By family member | F7 | |||||
| holding | VEEV | Class A Common Stock | 41K | Jan 9, 2023 | By second family member | F7 |
| 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) | Options Exercise | $0 | -1.35M | -48.97% | $0.00 | 1.4M | Jan 9, 2023 | Class B Common Stock | 1.35M | $3.92 | Direct | F1, F2, F8 |
| transaction | VEEV | Class B Common Stock | Options Exercise | $0 | +1.35M | +10.38% | $0.00 | 14.3M | Jan 9, 2023 | Class A Common Stock | 1.35M | $3.92 | Direct | F1, F2, F9 |
| transaction | VEEV | Class B Common Stock | Conversion of derivative security | $0 | -1.35M | -9.4% | $0.00 | 13M | Jan 9, 2023 | Class A Common Stock | 1.35M | Direct | F1, F2, F9 |
| 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 | This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. |
| F3 | As contemplated pursuant to the Form 8-K filed by the Issuer with the Securities and Exchange Commission on September 26, 2022, the block sale of 1,250,000 shares was facilitated by a large financial institution pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. |
| F4 | The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $161.065 to $162.06 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 $162.07 to $163.06 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 $163.07 to $163.73 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. |
| F7 | The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. |
| F8 | The option shares are fully vested and may be exercised at any time. |
| F9 | Each share of Class B Common Stock is convertible, at any time at the option of the holder, into one (1) share of Class A Common Stock and has no expiration date. In addition, each share of Class B Common Stock will convert automatically into one (1) share of Class A Common Stock upon any transfer, whether or not for value, which occurs after the closing of the IPO, except for certain permitted transfers described in, and transfers to any "permitted transferee" as defined in, the Issuer's restated certificate of incorporation. All shares of Class A and Class B Common Stock will convert automatically into shares of a single class of Common Stock upon the earliest to occur of the following: (a) upon the election by the holders of a majority of the then outstanding shares of Class B Common Stock or (b) October 15, 2023. |