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VEEVA SYSTEMS INC — Director's Dealing 2020
Oct 6, 2020
30045_dirs_2020-10-05_e16df40f-807d-486a-962d-38904162b20c.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: 2020-10-01
Reporting Person: Schwenger Thomas D. (President and COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-10-01 | Class A Common Stock | M | 2333 | $0.00 | Acquired | 7151 | Direct |
| 2020-10-01 | Class A Common Stock | M | 2500 | $0.00 | Acquired | 9651 | Direct |
| 2020-10-02 | Class A Common Stock | S | 2125 | $267.60 | Disposed | 7526 | Direct |
| 2020-10-02 | Class A Common Stock | S | 33 | $273.8401 | Disposed | 7493 | Direct |
| 2020-10-02 | Class A Common Stock | S | 30 | $273.9536 | Disposed | 7463 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-10-01 | Restricted Stock Units | $ | M | 2333 | Disposed | Class A Common Stock (2333) | Direct | |
| 2020-10-01 | Restricted Stock Units | $ | M | 2500 | Disposed | Class A Common Stock (2500) | 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 October 1, 2020.
F4: On September 18, 2019, the Reporting Person was granted 14000 RSUs under the Issuer's 2013 Equity Incentive Plan, of which 16.666% of the RSUs vested on January 1, 2020, with 16.666% of the remaining RSUs vesting for each quarter of continuous service to the Issuer by the Reporting Person after January 1, 2020.
F5: On September 18, 2019, the Reporting Person was granted 10,000 RSUs under the Issuer's 2013 Equity Incentive Plan, of which 25% of the RSUs vested on October 1, 2020, with 25% of the remaining RSUs vesting for each year of continuous service to the Issuer by the Reporting Person after October 1, 2020.