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VEEVA SYSTEMS INC — Director's Dealing 2016
Oct 13, 2016
30045_dirs_2016-10-13_64e507b7-977e-49b3-bca1-6913c0c549d7.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: 2016-10-11
Reporting Person: SEKHRI PAUL J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-10-11 | Class A Common Stock | M | 20000 | $0.00 | Acquired | 21108 | Direct |
| 2016-10-11 | Class A Common Stock | S | 17593 | $37.726 | Disposed | 3515 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-10-11 | Stock Option (right to buy) | $29.46 | M | 20000 | Disposed | 2024-09-01 | Class A Common Stock (20000) | 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: The sales reported on this Form 4 were effected pursuant to Rule 10b5-1 trading plans adopted by the Reporting Person.
F3: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.7000 to $37.8050 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).
F4: The option shares are fully vested and may be exercised at any time.