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VEEVA SYSTEMS INC — Director's Dealing 2021
Apr 19, 2021
30045_dirs_2021-04-19_0beaa333-5224-45aa-bf80-ddab3a690399.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: 2021-04-15
Reporting Person: Faddis Jonathan (SVP, Gen. Counsel, Secretary)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-04-15 | Stock Option (right to buy) | $275.82 | A | 10200 | Acquired | 2031-04-14 | Class A Common Stock (10200) | Direct |
| 2021-04-15 | Restricted Stock Units | $ | A | 2330 | Acquired | Class A Common Stock (2330) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 2276 | 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, 2022, 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 May 1, 2021 with 18.182% of the RSUs vesting on July 1, 2021, and 27.273% of the RSUs vesting on a quarterly basis thereafter, subject to continued service to the Issuer by the Reporting Person.