Filing Details

Accession Number:
0001628280-23-000700
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-01-06 20:58:00
Reporting Period:
2023-01-04
Accepted Time:
2023-01-06 20:58:00
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
1585821 P Peter Gassner C/O Veeva Systems Inc.
4280 Hacienda Drive
Pleasanton CA 94588
Chief Executive Officer Yes 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 2023-01-04 41,494 $0.00 41,494 No 4 C Direct
Class A Common Stock Disposition 2023-01-04 3,717 $163.29 37,777 No 4 S Direct
Class A Common Stock Disposition 2023-01-04 4,697 $164.66 33,080 No 4 S Direct
Class A Common Stock Disposition 2023-01-04 25,441 $165.41 7,639 No 4 S Direct
Class A Common Stock Disposition 2023-01-04 7,639 $166.14 0 No 4 S Direct
Class A Common Stock Acquisiton 2023-01-05 24,000 $0.00 24,000 No 4 C Direct
Class A Common Stock Disposition 2023-01-05 14,663 $161.02 9,337 No 4 S Direct
Class A Common Stock Disposition 2023-01-05 8,837 $162.07 500 No 4 S Direct
Class A Common Stock Disposition 2023-01-05 500 $162.61 0 No 4 S Direct
Class A Common Stock Acquisiton 2023-01-06 23,730 $0.00 23,730 No 4 C Direct
Class A Common Stock Disposition 2023-01-06 2,420 $157.56 21,310 No 4 S Direct
Class A Common Stock Disposition 2023-01-06 998 $158.43 20,312 No 4 S Direct
Class A Common Stock Disposition 2023-01-06 8,889 $159.74 11,423 No 4 S Direct
Class A Common Stock Disposition 2023-01-06 8,116 $160.65 3,307 No 4 S Direct
Class A Common Stock Disposition 2023-01-06 3,307 $161.40 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 C Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 C Direct
No 4 S Direct
No 4 S Direct
No 4 S 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 B Common Stock Stock Option (right to buy) Disposition 2023-01-04 41,494 $0.00 41,494 $3.92
Class A Common Stock Class B Common Stock Acquisiton 2023-01-04 41,494 $0.00 41,494 $3.92
Class A Common Stock Class B Common Stock Disposition 2023-01-04 41,494 $0.00 41,494 $0.00
Class B Common Stock Stock Option (right to buy) Disposition 2023-01-05 24,000 $0.00 24,000 $3.92
Class A Common Stock Class B Common Stock Acquisiton 2023-01-05 24,000 $0.00 24,000 $3.92
Class A Common Stock Class B Common Stock Disposition 2023-01-05 24,000 $0.00 24,000 $0.00
Class B Common Stock Stock Option (right to buy) Disposition 2023-01-06 23,730 $0.00 23,730 $3.92
Class A Common Stock Class B Common Stock Acquisiton 2023-01-06 23,730 $0.00 23,730 $3.92
Class A Common Stock Class B Common Stock Disposition 2023-01-06 23,730 $0.00 23,730 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,800,000 2023-03-09 No 4 M Direct
13,028,827 No 4 M Direct
12,987,333 No 4 C Direct
2,776,000 2023-03-09 No 4 M Direct
13,011,333 No 4 M Direct
12,987,333 No 4 C Direct
2,752,270 2023-03-09 No 4 M Direct
13,011,063 No 4 M Direct
12,987,333 No 4 C Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 41,000 Indirect By family member
Class A Common Stock 41,000 Indirect By second family member
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. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
  3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $162.905 to $163.85 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 $163.95 to $164.94 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 $164.95 to $165.945 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 $165.95 to $166.42 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $160.54 to $161.53 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.
  8. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $161.545 to $162.54 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.
  9. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $162.545 to $162.66 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.
  10. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $157.085 to $158.05 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.
  11. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $158.095 to $159.03 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.
  12. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $159.21 to $160.19 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.
  13. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $160.21 to $161.195 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.
  14. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $161.22 to $161.63 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.
  15. 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.
  16. The option shares are fully vested and may be exercised at any time.
  17. 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.