Peter P. Gassner - Oct 15, 2023 Form 4 Insider Report for VEEVA SYSTEMS INC (VEEV)

Role
Chief Executive Officer, Director
Signature
/s/ Liang Dong, attorney-in-fact
Stock symbol
VEEV
Transactions as of
Oct 15, 2023
Transactions value $
$0
Form type
4
Date filed
10/16/2023, 07:37 PM
Previous filing
Jun 16, 2023
Next filing
Dec 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VEEV Class A Common Stock Conversion of derivative security $0 +13M $0.00 13M Oct 15, 2023 Direct F1, F2, F3
holding VEEV Class A Common Stock 41K Oct 15, 2023 By family member F4
holding VEEV Class A Common Stock 41K Oct 15, 2023 By second family member F4

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 Class B Common Stock Conversion of derivative security $0 -13M -100% $0.00* 0 Oct 15, 2023 Class A Common Stock 13M Direct F1, F3, 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 Includes 3,126,333 shares of Class A Common Stock held by Peter Gassner and Piyajit Gassner as Community Property.
F3 This does not represent a sale or purchase of the Issuer's common stock; rather, it represents the automatic conversion of shares of the Issuer's Class B Common Stock into shares of the Issuer's Class A Common Stock, which automatic conversion occurred on October 15, 2023 pursuant to the terms of the Issuers Amended and Restated Certificate of Incorporation.
F4 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.
F5 Includes 3,126,333 shares of Class B Common Stock held by Peter Gassner and Piyajit Gassner as Community Property.