VEEVA SYSTEMS INC — Director's Dealing 2015

Nov 30, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VEEVA SYSTEMS INC (VEEV)
CIK: 0001393052
Period of Report: 2015-11-25

Reporting Person: CODD RONALD E F (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-11-25	Class A Common Stock	C	2000	$0.00	Acquired	2000	Direct
2015-11-25	Class A Common Stock	S	2000	$28.00	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-11-25	Stock Option (right to purchase)	$1.11	M	2000	Disposed	2022-03-01	Class B Common Stock (2000)	Direct
2015-11-25	Class B Common Stock	$	A	2000	Acquired		Class A Common Stock (2000)	Direct
2015-11-25	Class B Common Stock	$	C	2000	Disposed		Class A Common Stock (2000)	Direct

Footnotes

F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

F2: The option shares are fully vested and may be exercised at any time.

F3: 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.