Kristine Diamond - Apr 5, 2024 Form 4 Insider Report for VEEVA SYSTEMS INC (VEEV)

Role
Chief Accounting Officer
Signature
/s/ Josh Faddis, attorney-in-fact
Stock symbol
VEEV
Transactions as of
Apr 5, 2024
Transactions value $
$0
Form type
4
Date filed
4/5/2024, 05:00 PM
Previous filing
Apr 2, 2024
Next filing
Jul 2, 2024

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 Stock Option (right to buy) Award $0 +2.45K $0.00 2.45K Apr 5, 2024 Class A Common Stock 2.45K $214.73 Direct F1, F2
transaction VEEV Restricted Stock Units Award $0 +815 $0.00 815 Apr 5, 2024 Class A Common Stock 815 Direct F1, F3, F4
* 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 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 April 1, 2025, 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 1-year with 1/4 of the RSUs vesting on July 1, 2024, and 1/4 of the RSUs vesting on a quarterly basis thereafter, subject to continued service to the Issuer by the Reporting Person.