Eleni Nitsa Zuppas - Apr 1, 2024 Form 4 Insider Report for VEEVA SYSTEMS INC (VEEV)

Signature
/s/ Liang Dong, attorney-in-fact
Stock symbol
VEEV
Transactions as of
Apr 1, 2024
Transactions value $
-$156,665
Form type
4
Date filed
4/2/2024, 03:49 PM
Previous filing
Jan 12, 2024
Next filing
Apr 5, 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 +1.62K +8.5% $0.00 20.7K Apr 1, 2024 Direct F1, F2
transaction VEEV Class A Common Stock Tax liability -$157K -680 -3.29% $230.39 20K Apr 1, 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 -1.62K -100% $0.00* 0 Apr 1, 2024 Class A Common Stock 1.62K 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.