Thomas D. Schwenger - 05 Apr 2024 Form 4 Insider Report for VEEVA SYSTEMS INC (VEEV)

Signature
/s/ Josh Faddis, attorney-in-fact
Issuer symbol
VEEV
Transactions as of
05 Apr 2024
Net transactions value
$0
Form type
4
Filing time
05 Apr 2024, 17:02:14 UTC
Previous filing
02 Apr 2024
Next filing
02 Jul 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 +30,544 $0.000000 30,544 05 Apr 2024 Class A Common Stock 30,544 $214.73 Direct F1, F2
transaction VEEV Restricted Stock Units Award $0 +7,636 $0.000000 7,636 05 Apr 2024 Class A Common Stock 7,636 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 and Restated 2013 Equity Incentive Plan ("Plan"). The Reporting Person vests ownership in this option over four years, with 1/4 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 one 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.