Frederic Lequient - 27 Aug 2022 Form 4 Insider Report for VEEVA SYSTEMS INC (VEEV)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
30 Aug 2022, 18:58:59 UTC
Prior SEC filing
08 Apr 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jonathan Faddis, attorney-in-fact

Key filing fact

Frederic Lequient filed Form 4 for VEEVA SYSTEMS INC (VEEV) on 30 Aug 2022.

Key facts

  • This page summarizes Frederic Lequient's Form 4 filing for VEEVA SYSTEMS INC (VEEV).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 30 Aug 2022, 18:58.

Change

  • Previous filing in this sequence was filed on 08 Apr 2022.
  • Current net transaction value: -$84,248.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

VEEV transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+1,177
Change %
+51%
Price
$0.000000
Shares after
3,498
Date
27 Aug 2022
Ownership
Direct
Footnotes
F1, F2
VEEV transaction

Class A Common Stock

Tax liability

Transaction value
$84,248
Shares
-408
Change %
-12%
Price
$206.49
Shares after
3,090
Date
27 Aug 2022
Ownership
Direct
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

VEEV transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,177
Change %
-25%
Price
$0.000000
Shares after
3,529
Date
27 Aug 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
1,177
Exercise price
Footnotes
F2, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote 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.

Footnote F2

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.

Footnote F3

Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units and not a market transaction. Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated under the Act.

Footnote F4

The RSUs were granted under the Issuer's 2013 Equity Incentive Plan. The Reporting Person was originally scheduled to vest ownership in the RSUs over one year with 1/4 of the RSUs vesting on July 1, 2022, and 1/4 of the RSUs vesting on a quarterly basis thereafter. Due to a leave of absence by the Reporting Person, the vesting schedule was adjusted such that 1/4 of the RSUs vest on August 27, 2022, and 1/4 of the RSUs vest on a quarterly basis thereafter, subject to continued service to the Issuer by the Reporting Person.

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