Timothy S. Cabral - Mar 6, 2023 Form 4 Insider Report for VEEVA SYSTEMS INC (VEEV)

Role
Director
Signature
/s/ Liang Dong, attorney-in-fact
Stock symbol
VEEV
Transactions as of
Mar 6, 2023
Transactions value $
-$1,803,955
Form type
4
Date filed
3/8/2023, 04:40 PM
Previous filing
Mar 3, 2023
Next filing
Apr 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VEEV Class A Common Stock Sale -$1.02M -5.66K -6.08% $180.06 87.5K Mar 6, 2023 By the Cabral Family Trust, dated April 17, 2001 F1, F2, F3
transaction VEEV Class A Common Stock Sale -$785K -4.34K -4.96% $180.83 83.1K Mar 6, 2023 By the Cabral Family Trust, dated April 17, 2001 F1, F3, F4
holding VEEV Class A Common Stock 1.51K Mar 6, 2023 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 $179.583 to $180.575 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 $180.5866 to $181.4288 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.