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VEEVA SYSTEMS INC — Director's Dealing 2017
Jul 17, 2017
30045_dirs_2017-07-17_b0c76eb8-fffd-45dd-aef0-3b2085e33471.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: 2017-07-13
Reporting Person: Mateo Alan (EVP Global Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-07-13 | Class A Common Stock | M | 1750 | $0.00 | Acquired | 7989 | Direct |
| 2017-07-14 | Class A Common Stock | S | 913 | $63.60 | Disposed | 7076 | Direct |
| 2017-07-14 | Class A Common Stock | M | 8024 | $0.00 | Acquired | 15100 | Direct |
| 2017-07-14 | Class A Common Stock | S | 9115 | $63.3117 | Disposed | 5985 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-07-13 | Restricted Stock Units | $ | M | 1750 | Disposed | Class A Common Stock (1750) | Direct | |
| 2017-07-14 | Stock Option (right to buy) | $26.99 | M | 8024 | Disposed | 2025-04-30 | Class A Common Stock (8024) | 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 RSU vesting on July 13, 2017.
F4: The sales reported on this Form 4 were effected pursuant to Rule 10b5-1 trading plans adopted by the Reporting Person.
F5: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.0150 to $63.6000 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 (5).
F6: On May 1, 2015, the Reporting Person was granted 35,000 RSUs under the Issuer's 2013 Equity Incentive Plan, of which 5.00% of the RSUs vested on July 13, 2015, and 1/20th of the RSUs vesting for each quarter of continuous service to the Issuer by the Reporting Person.
F7: The option shares are fully vested and may be exercised at any time.