Kristine Diamond - Aug 21, 2023 Form 4 Insider Report for VEEVA SYSTEMS INC (VEEV)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	VEEV	Stock Option (right to buy)	Award	$0	+1.76K	$0.00	1.76K	Aug 21, 2023	Class A Common Stock	1.76K	$188.06	Direct	F1, F2
transaction	VEEV	Restricted Stock Units	Award	$0	+585	$0.00	585	Aug 21, 2023	Class A Common Stock	585		Direct	F1, F3, F4
transaction	VEEV	Restricted Stock Units	Award	$0	+4.12K	$0.00	4.12K	Aug 21, 2023	Class A Common Stock	4.12K		Direct	F1, F3, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 options were granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan ("Plan"). The Reporting Person vests ownership in this option over four years, with 25% of the shares subject to the award vesting August 1, 2024, and 1/4 of the shares vesting on an annual basis thereafter, subject to continued service to the Issuer by the Reporting Person.
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 Plan. The Reporting Person vests ownership in the RSUs over 8-months with 62.50% vesting on January 1, 2024, and 37.50% of the RSUs vesting on a quarterly basis thereafter, subject to continued service to the Issuer by the Reporting Person.
F5	The RSUs were granted under the Plan. The Reporting Person vests 100% ownership in the RSUs on August 1, 2027, subject to continued service to the Issuer by the Reporting Person.