Filing Details

Accession Number:
0001181431-13-055036
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-10-23 21:36:35
Reporting Period:
2013-10-21
Filing Date:
2013-10-23
Accepted Time:
2013-10-23 21:36:35
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1393052 Veeva Systems Inc VEEV Services-Prepackaged Software (7372) 208235463
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1586891 Kevin Spain C/o Emergence Capital
160 Bovet Road, Ste. 300
San Mateo CA 94402
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-10-21 35,000,000 $0.00 35,000,000 No 4 C Indirect By Emergence Capital Partners II, L.P.
Common Stock Disposition 2013-10-21 35,000,000 $0.00 0 No 4 J Indirect By Emergence Capital Partners II, L.P.
Class A Common Stock Acquisiton 2013-10-21 500,000 $0.00 500,000 No 4 C Indirect By Emergence Capital Partners II, L.P.
Class A Common Stock Disposition 2013-10-21 500,000 $20.00 0 No 4 S Indirect By Emergence Capital Partners II, L.P.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect By Emergence Capital Partners II, L.P.
No 4 J Indirect By Emergence Capital Partners II, L.P.
No 4 C Indirect By Emergence Capital Partners II, L.P.
No 4 S Indirect By Emergence Capital Partners II, L.P.
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series A Convertible Preferred Stock Disposition 2013-10-21 10,000,000 $0.00 10,000,000 $0.00
Common Stock Series B Convertible Preferred Stock Disposition 2013-10-21 25,000,000 $0.00 25,000,000 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2013-10-21 35,000,000 $0.00 35,000,000 $0.00
Class A Common Stock Class B Common Stock Disposition 2013-10-21 500,000 $0.00 500,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Indirect
0 No 4 C Indirect
35,000,000 No 4 J Indirect
34,500,000 No 4 C Indirect
Footnotes
  1. Each share of convertible preferred stock automatically converted into one (1) share of Common Stock immediately prior to the closing of the Issuer's initial public offering of Class A Common Stock (the "IPO"), and has no expiration date.
  2. Shares held directly by Emergence Capital Partners II, L.P. ("Emergence"). The Reporting Person is a partner of Emergence Equity Partners II, L.P. ("EEP II", and together with Emergence, the "Emergence Entities"), which is the sole general partner of Emergence. The Reporting Person disclaims beneficial ownership of the reported shares held by Emergence except to the extent of his pecuniary interest therein, if any, by virtue of the partnership interests he owns in EEP II. The Reporting Person serves as a representative of the Emergence Entities on the Issuer's board of directors.
  3. Immediately prior to the closing of the IPO and following the conversion of each series of the Issuer's convertible preferred stock into Common Stock, each share of Common Stock was reclassified, in an exempt transaction pursuant to Rule 16b-7, into one (1) share of Class B Common Stock.
  4. Each share of Class A Common Stock was issued upon conversion of one (1) share of Class B Common Stock. Emergence sold Class A Common Stock to the underwriters in connection with the closing of the IPO.
  5. Each share of Class B Common Stock is convertible, at any time at the option of the holder, into one (1) share of Class A Common Stock and has no expiration date. In addition, each share of Class B Common Stock will convert automatically into one (1) share of Class A Common Stock upon any transfer, whether or not for value, which occurs after the closing of the IPO, except for certain permitted transfers described in, and transfers to any "permitted transferee" as defined in, the Issuer's restated certificate of incorporation in effect after the closing of the IPO. All shares of Class A and Class B Common Stock will convert automatically into shares of a single class of Common Stock upon the earliest to occur of the following: (a) upon the election by the holders of a majority of the then outstanding shares of Class B Common Stock or (b) October 15, 2023.