VEEVA SYSTEMS INC — Director's Dealing 2016

Mar 25, 2016

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: VEEVA SYSTEMS INC (VEEV)
CIK: 0001393052
Period of Report: 2016-03-23

Reporting Person: Lequient Frederic (SVP Global Customer Service)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$25.70	2026-03-02	Class A Common Stock (100000)		Direct
Restricted Stock Units	$0.00	2020-03-01	Class A Common Stock (36000)		Direct

Footnotes

F1: Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-3(d) promulgated under the Act.

F2: The options were granted under the Issuer's 2013 Equity Incentive Plan ("Plan"). The Reporting Person vests ownership in this option over five years, with 20% of the shares subject to the award vesting March 1, 2017, and 1/20 of the shares vesting on a quarterly basis thereafter, subject to continued service to the Issuer by the Reporting Person.

F3: Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.

F4: The RSUs were granted under the Plan. 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.