VEEVA SYSTEMS INC — Director's Dealing 2023

Aug 22, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VEEVA SYSTEMS INC (VEEV)
CIK: 0001393052
Period of Report: 2023-08-21

Reporting Person: DIAMOND KRISTINE (Chief Accounting Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-08-21	Stock Option (right to buy)	$188.06	A	1755	Acquired	2033-08-20	Class A Common Stock (1755)	Direct
2023-08-21	Restricted Stock Units	$	A	585	Acquired		Class A Common Stock (585)	Direct
2023-08-21	Restricted Stock Units	$	A	4124	Acquired		Class A Common Stock (4124)	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 Amended & Restated 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 August 1, 2024, 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 Plan. The Reporting Person vests ownership in the RSUs over 8-months with 62.50% vesting on January 1, 2024, and 37.50% of the RSUs vesting on a quarterly basis thereafter, subject to continued service to the Issuer by the Reporting Person.

F5: The RSUs were granted under the Plan. The Reporting Person vests 100% ownership in the RSUs on August 1, 2027, subject to continued service to the Issuer by the Reporting Person.