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VEEVA SYSTEMS INC — Director's Dealing 2020
Jul 7, 2020
30045_dirs_2020-07-06_053167db-ad1e-4bfc-a298-cc2f7b2ed3f4.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: 2020-07-01
Reporting Person: Cabral Timothy S (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-07-01 | Class A Common Stock | M | 1010 | — | Acquired | 1010 | Direct |
| 2020-07-02 | Class A Common Stock | S | 352 | $241.57 | Disposed | 658 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-07-01 | Restricted Stock Units | $ | M | 1010 | Disposed | Class A Common Stock (1010) | 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 July 1, 2020.
F4: On April 14, 2020, the Reporting Person was granted 4,040 RSUs under the Issuer's 2013 Equity Incentive Plan, of which 25% of the RSUs vested on July 1, 2020, with 25% of the remaining RSUs vesting for each quarter of continuous service to the Issuer by the Reporting Person after July 1, 2020.