AI assistant
VEEVA SYSTEMS INC — Director's Dealing 2016
Sep 6, 2016
30045_dirs_2016-09-06_dd5b0d4d-3e81-4cef-a5a3-ea5a60867a6a.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: VEEVA SYSTEMS INC (VEEV)
CIK: 0001393052
Period of Report: 2016-09-01
Reporting Person: Lequient Frederic (SVP Global Customer Service)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-06-01 | Class A Common Stock | M | 2250 | $0.00 | Acquired | 2250 | Direct |
| 2016-06-03 | Class A Common Stock | S | 829 | $34.42 | Disposed | 1421 | Direct |
| 2016-09-01 | Class A Common Stock | M | 2250 | $0.00 | Acquired | 3671 | Direct |
| 2016-09-02 | Class A Common Stock | S | 1421 | $40.22 | Disposed | 2250 | Direct |
| 2016-09-06 | Class A Common Stock | S | 842 | $40.50 | Disposed | 1408 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-06-01 | Restricted Stock Units | $ | M | 2250 | Disposed | Class A Common Stock (2250) | Direct | |
| 2016-09-01 | Restricted Stock Units | $ | M | 2250 | Disposed | Class A Common Stock (2250) | 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 June 1, 2016.
F4: The sales reported on this Form 4 were effected pursuant to Rule 10b5-1 trading plans adopted by the Reporting Person.
F5: 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 September 1, 2016.
F6: The Reporting Person vests ownership in the RSUs over four years, with 6.25% of the RSUs will vesting on June 1, 2016, and 1/16 of the RSUs vesting on a quarterly basis thereafter, subject to continued service to the Issuer by the Reporting Person.