Filing Details

Accession Number:
0001209191-20-036657
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-06-15 17:01:01
Reporting Period:
2020-06-11
Accepted Time:
2020-06-15 17:01:01
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
1585858 S Timothy Cabral C/o Veeva Systems Inc.
4280 Hacienda Drive
Pleasanton CA 94588
Chief Financial Officer 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 2020-06-11 30,000 $0.00 32,634 No 4 C Direct
Class A Common Stock Disposition 2020-06-11 15,970 $214.07 16,664 No 4 S Direct
Class A Common Stock Disposition 2020-06-11 9,730 $214.93 6,934 No 4 S Direct
Class A Common Stock Disposition 2020-06-11 3,500 $216.12 3,434 No 4 S Direct
Class A Common Stock Disposition 2020-06-11 800 $216.97 2,634 No 4 S Direct
Class A Common Stock Acquisiton 2020-06-11 4,512 $0.00 7,146 No 4 M Direct
Class A Common Stock Disposition 2020-06-11 4,512 $219.53 2,634 No 4 S Direct
Class A Common Stock Disposition 2020-06-11 2,634 $219.56 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Stock Option (right to purchase) Disposition 2020-06-11 4,512 $0.00 4,512 $135.49
Class B Common Stock Stock Option (right to purchase) Disposition 2020-06-11 30,000 $0.00 30,000 $3.92
Class A Common Stock Class B Common Stock Acquisiton 2020-06-11 30,000 $0.00 30,000 $0.00
Class A Common Stock Class B Common Stock Disposition 2020-06-11 30,000 $0.00 30,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
16,488 2029-04-10 No 4 M Direct
36,060 2023-03-09 No 4 M Direct
30,000 No 4 A Direct
0 No 4 C Direct
Footnotes
  1. 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.
  2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $213.6000 to $214.5800 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $214.6050 to $215.4300 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $215.7000 to $216.6100 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  5. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $216.9700 to $217.0000 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  6. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $219.5001 to $219.6100 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  7. The option shares are fully vested and may be exercised at any time.
  8. 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.