Peter P. Gassner - 15 Oct 2023 Form 4 Insider Report for VEEVA SYSTEMS INC (VEEV)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
16 Oct 2023, 19:37:30 UTC
Prior SEC filing
16 Jun 2023
Next SEC filing
13 Dec 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Liang Dong, attorney-in-fact

Key filing fact

Peter P. Gassner filed Form 4 for VEEVA SYSTEMS INC (VEEV) on 16 Oct 2023.

Key facts

  • This page summarizes Peter P. Gassner's Form 4 filing for VEEVA SYSTEMS INC (VEEV).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 16 Oct 2023, 19:37.

Change

  • Previous filing in this sequence was filed on 16 Jun 2023.
  • Current net transaction value: $0.

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

Conversion of derivative security

Transaction value
$0
Shares
+12,987,333
Change %
Price
$0.000000
Shares after
12,987,333
Date
15 Oct 2023
Ownership
Direct
Footnotes
F1, F2, F3
VEEV holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
41,000
Date
15 Oct 2023
Ownership
By family member
Footnotes
F4
VEEV holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
41,000
Date
15 Oct 2023
Ownership
By second family member
Footnotes
F4

Reported derivative securities

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

VEEV transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-12,987,333
Change %
-100%
Price
$0.000000*
Shares after
0
Date
15 Oct 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
12,987,333
Exercise price
Footnotes
F1, F3, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 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 the Act.

Footnote F2

Includes 3,126,333 shares of Class A Common Stock held by Peter Gassner and Piyajit Gassner as Community Property.

Footnote F3

This does not represent a sale or purchase of the Issuer's common stock; rather, it represents the automatic conversion of shares of the Issuer's Class B Common Stock into shares of the Issuer's Class A Common Stock, which automatic conversion occurred on October 15, 2023 pursuant to the terms of the Issuers Amended and Restated Certificate of Incorporation.

Footnote F4

The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Footnote F5

Includes 3,126,333 shares of Class B Common Stock held by Peter Gassner and Piyajit Gassner as Community Property.

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