Matthew J. Wallach - 15 Oct 2023 Form 4 Insider Report for VEEVA SYSTEMS INC (VEEV)

Role
Director
Signature
/s/ Liang Dong, attorney-in-fact
Issuer symbol
VEEV
Transactions as of
15 Oct 2023
Net transactions value
$0
Form type
4
Filing time
16 Oct 2023, 19:40:45 UTC
Previous filing
06 Oct 2023
Next filing
07 Nov 2023
SEC
View on sec.gov

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 +100,000 +421% $0.000000 123,735 15 Oct 2023 Direct F1, F2, F3
transaction VEEV Class A Common Stock Conversion of derivative security $0 +100,000 $0.000000 100,000 15 Oct 2023 By Matt Wallach 2012 Irrevocable Trust dated October 15, 2012 F1, F3
transaction VEEV Class A Common Stock Conversion of derivative security $0 +50,000 $0.000000 50,000 15 Oct 2023 By Matt Wallach 2012 Irrevocable Non-Grantor Trust dated October 15, 2012 F1, F3
transaction VEEV Class A Common Stock Conversion of derivative security $0 +100,002 $0.000000 100,002 15 Oct 2023 By Matt Wallach 2013 Irrevocable Trust dated August 13, 2013 F1, F3

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 -100,000 -100% $0.000000* 0 15 Oct 2023 Class A Common Stock 100,000 Direct F1, F3, F4
transaction VEEV Class B Common Stock Conversion of derivative security $0 -100,000 -100% $0.000000* 0 15 Oct 2023 Class A Common Stock 100,000 By Matt Wallach 2012 Irrevocable Trust dated October 15, 2012 F1, F3
transaction VEEV Class B Common Stock Conversion of derivative security $0 -50,000 -100% $0.000000* 0 15 Oct 2023 Class A Common Stock 50,000 By Matt Wallach 2012 Irrevocable Non-Grantor Trust dated October 15, 2012 F1, F3
transaction VEEV Class B Common Stock Conversion of derivative security $0 -100,002 -100% $0.000000* 0 15 Oct 2023 Class A Common Stock 100,002 By Matt Wallach 2013 Irrevocable Trust dated August 13, 2013 F1, F3
* 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 100,000 shares of Class A Common Stock held by the Reporting Person and Cristina Wallach as joint tenants with right of survivorship.
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 Issuer's Amended and Restated Certificate of Incorporation.
F4 Represents 100,000 shares of Class B Common Stock held by the Reporting Person and Cristina Wallach as joint tenants with right of survivorship.