VEEVA SYSTEMS INC — Director's Dealing 2020

Apr 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VEEVA SYSTEMS INC (VEEV)
CIK: 0001393052
Period of Report: 2020-04-01

Reporting Person: Schwenger Thomas D. (President and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-01	Class A Common Stock	M	2334	$0.00	Acquired	3980	Direct
2020-04-02	Class A Common Stock	S	645	$148.52	Disposed	3335	Direct
2020-04-02	Class A Common Stock	S	19	$149.8075	Disposed	3316	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-04-01	Restricted Stock Units	$	M	2334	Disposed		Class A Common Stock (2334)	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 April 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.