Filing Details

Accession Number:
0001209191-16-105791
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-03-03 19:49:33
Reporting Period:
2016-03-01
Filing Date:
2016-03-03
Accepted Time:
2016-03-03 19:49:33
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
1645477 Frank Defesche C/O Veeva Systems Inc.
4280 Hacienda Drive
Pleasanton CA 94588
Svp, Global Customer Services No Yes 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
Class A Common Stock Acquisiton 2016-03-01 1,876 $0.00 2,813 No 4 C Direct
Class A Common Stock Disposition 2016-03-01 1,876 $24.43 937 No 4 S Direct
Class A Common Stock Acquisiton 2016-03-01 500 $0.00 1,437 No 4 M Direct
Class A Common Stock Disposition 2016-03-03 181 $25.84 1,256 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Stock Option (right to buy) Disposition 2016-03-01 1,876 $0.00 1,876 $3.92
Class A Common Stock Class B Common Stock Acquisiton 2016-03-01 1,876 $0.00 1,876 $0.00
Class A Common Stock Class B Common Stock Disposition 2016-03-01 1,876 $0.00 1,876 $0.00
Class A Common Stock Restricted Stock Units Disposition 2016-03-01 500 $0.00 500 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
148,124 2023-03-09 No 4 M Direct
1,876 No 4 A Direct
0 No 4 C Direct
6,000 No 4 M Direct
Footnotes
  1. The sales reported on this Form 4 were effected pursuant to Rule 10b5-1 trading plans adopted by the Reporting Person.
  2. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
  3. The sales reported on this Form 4 were effected pursuant to Rule 10b5-1 trading plans adopted by the Reporting Person and were made to cover taxes associated with restricted stock vesting on March 1, 2016.
  4. The option shares are fully vested and may be exercised at any time.
  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. 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.
  6. On March 23, 2015, the Reporting Person was granted 8,000 RSUs under the Issuer's 2013 Equity Incentive Plan, of which 6.25% of the RSUs vested on June 1, 2015, with 1/16th of the remaining RSUs vesting for each quarter of continuous service to the Issuer by the Reporting Person after June 1, 2015.