Eleni Nitsa Zuppas - 01 Apr 2024 Form 4 Insider Report for VEEVA SYSTEMS INC (VEEV)

Signature
/s/ Liang Dong, attorney-in-fact
Issuer symbol
VEEV
Transactions as of
01 Apr 2024
Net transactions value
-$156,665
Form type
4
Filing time
02 Apr 2024, 15:49:17 UTC
Previous filing
12 Jan 2024
Next filing
05 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VEEV Class A Common Stock Options Exercise $0 +1,620 +8.5% $0.000000 20,677 01 Apr 2024 Direct F1, F2
transaction VEEV Class A Common Stock Tax liability $156,665 -680 -3.3% $230.39 19,997 01 Apr 2024 Direct 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 Restricted Stock Units Options Exercise $0 -1,620 -100% $0.000000* 0 01 Apr 2024 Class A Common Stock 1,620 Direct F1, F2, 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 theAct.
F2 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
F3 The RSUs were granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan. The Reporting Person vests ownership in the RSUs over one year with 25% vesting on July 1, 2023, and 25% of the RSUs vesting on a quarterly basis thereafter, subject to continued service to the Issuer by the Reporting Person.