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VEEVA SYSTEMS INC — Director's Dealing 2016
Dec 5, 2016
30045_dirs_2016-12-05_05665dc0-4463-4695-96d4-85ae81b584c1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: VEEVA SYSTEMS INC (VEEV)
CIK: 0001393052
Period of Report: 2016-12-01
Reporting Person: Faddis Jonathan (SVP, Gen. Counsel, Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-12-01 | Class A Common Stock | M | 500 | $0.00 | Acquired | 500 | Direct |
| 2016-12-01 | Class A Common Stock | M | 500 | $0.00 | Acquired | 1000 | Direct |
| 2016-12-05 | Class A Common Stock | S | 538 | $42.64 | Disposed | 462 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-12-01 | Restricted Stock Units | $ | M | 500 | Disposed | Class A Common Stock (500) | Direct | |
| 2016-12-01 | Restricted Stock Units | $ | M | 500 | Disposed | Class A Common Stock (500) | Direct |
Footnotes
F1: 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.
F2: Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
F3: 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 December 1, 2016.
F4: On March 25, 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.
F5: On March 23, 2016, the Reporting Person was granted 8,000 RSUs under the Issuer's 2013 Equity Incentive Plan, of which 1/16 of the RSUs vested on June 1, 2016, with 1/16 of the remaining RSUs vesting for each quarter of continuous service to the Issuer by the Reporting Person after June 1, 2016.