VEEVA SYSTEMS INC — Director's Dealing 2023

Oct 17, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VEEVA SYSTEMS INC (VEEV)
CIK: 0001393052
Period of Report: 2023-10-15

Reporting Person: Wallach Matthew J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-10-15	Class A Common Stock	C	100000	—	Acquired	123735	Direct
2023-10-15	Class A Common Stock	C	100000	—	Acquired	100000	Indirect
2023-10-15	Class A Common Stock	C	50000	—	Acquired	50000	Indirect
2023-10-15	Class A Common Stock	C	100002	—	Acquired	100002	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-10-15	Class B Common Stock	$	C	100000	Disposed		Class A Common Stock (100000)	Direct
2023-10-15	Class B Common Stock	$	C	100000	Disposed		Class A Common Stock (100000)	Indirect
2023-10-15	Class B Common Stock	$	C	50000	Disposed		Class A Common Stock (50000)	Indirect
2023-10-15	Class B Common Stock	$	C	100002	Disposed		Class A Common Stock (100002)	Indirect

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: Includes 100,000 shares of Class A Common Stock held by the Reporting Person and Cristina Wallach as joint tenants with right of survivorship.

F3: This does not represent a sale or purchase of the Issuer's common stock; rather, it represents the automatic conversion of shares of the Issuer's Class B Common Stock into shares of the Issuer's Class A Common Stock, which automatic conversion occurred on October 15, 2023 pursuant to the terms of the Issuer's Amended and Restated Certificate of Incorporation.

F4: Represents 100,000 shares of Class B Common Stock held by the Reporting Person and Cristina Wallach as joint tenants with right of survivorship.