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VEEVA SYSTEMS INC — Director's Dealing 2020
Apr 17, 2020
30045_dirs_2020-04-16_54b3da8a-b2f8-4e88-9882-068938b49379.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: 2020-04-14
Reporting Person: Lequient Frederic (SVP Global Customer Services)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-04-14 | Stock Option (right to buy) | $173.59 | A | 18180 | Acquired | 2030-04-13 | Class A Common Stock (18180) | Direct |
| 2020-04-14 | Restricted Stock Units | $ | A | 340 | Acquired | Class A Common Stock (340) | Direct | |
| 2020-04-14 | Restricted Stock Units | $ | A | 1200 | Acquired | Class A Common Stock (1200) | 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: The options were granted under the Issuer's 2013 Equity Incentive Plan ("Plan"). The Reporting Person vests ownership in this option over four
years, with 25% of the shares subject to the award vesting April 1, 2021, and 1/4 of the shares vesting on an annual 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 Issuer's 2013 Equity Incentive Plan. The Reporting Person vests ownership in the RSUs starting on March 1, 2021 with
100% of the RSUs vesting on April 1, 2021, subject to continued service to the Issuer by the Reporting Person.
F5: The RSUs were granted under the Issuer's 2013 Equity Incentive Plan. The Reporting Person vests ownership in the RSUs over one year with
25% of the RSUs vesting on July 1, 2020, and 25% of the RSUs vesting on a quarterly basis thereafter, subject to continued service to the Issuer
by the Reporting Person.